What should be considered when excluding a child in your estate plan?

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

What should be considered when excluding a child in your estate plan? By Attorney Truman Scarborough Except for certain rights minor children have in the home, Florida Law does not require that any part of your estate go to your children. This is not the case with the...

Can adding children’s names to property create problems?

by Senior Scene | Oct 1, 2023 | Featured Article (04), Financial Advice, General Interest, Magazine

Can adding children’s names to property create problems? By Attorney Truman Scarborough In the last article, we looked at issues that should be considered before making out right gifts to children. Problems can also be encountered when children are made co-owners of...

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?...