Combating Inflation for Seniors

by Senior Scene | Oct 1, 2023 | Financial Advice, General Interest, Magazine, Top Story (C)

Combating Inflation for Seniors By Max Valavanis, CFP® Why is a gallon of gasoline up over a dollar from a year ago, and why are house prices skyrocketing to unbelievable levels? Of course, the simple answer is inflation, but why is this happening? The U.S. Bureau of...

CD 2.0

by Senior Scene | Aug 31, 2023 | Featured Article (04), Financial Advice, General Interest, Magazine

CD 2.0 By: Max Valavanis, CFP®   A Certificate of Deposit (CD) is generally a Federal Deposit Insurance Corporation (FDIC) insured loan to a bank. Once the customer deposits the money into the bank, they will receive a “certificate” or “promissory note.” This...

What needs to be considered before making lifetime gifts?

by Senior Scene | Aug 31, 2023 | Financial Advice, General Interest, Magazine, Top Story (C)

What needs to be considered before making lifetime gifts? By Attorney Truman Scarborough A comprehensive description of estate planning would include the accumulation, preservation, and gifting of property.  While most of our lives are devoted to the acquisition and...

Are Seniors too Risky?

by Senior Scene | Jul 31, 2023 | Financial Advice, General Interest, Magazine, Top Story (B)

Are Seniors too Risky? By: Max Valavanis, CFP® When was the last time you rode a roller coaster? For most seniors, the answer would be years or even decades. The appeal for flying around on a guided bullet doesn’t linger long for many senior citizens. Why would it?...

Why Won’t The Attorney Talk With Me?

by Senior Scene | Jul 31, 2023 | Featured Article (04), Financial Advice, General Interest, Magazine

Why Won’t The Attorney Talk With Me? By Attorney Truman Scarborough When friends are more than willing to share their opinions and give advice, it may appear strange if an attorney refuses to talk about a legal problem.  However, attorneys can be ethically or legally...

Are there limitations on what you can do in a Will?

by Senior Scene | Jun 30, 2023 | Featured Article (04), Financial Advice, General Interest, Magazine

Are there limitations on what you can do in a Will? By Attorney Truman Scarborough Anything can be written in a Will, including provisions that are contrary to the law.  The problems are encountered later in probate after the creator of the Will has passed. Some of...