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Can adding children’s names to property create problems?

Can adding children’s names to property create problems?

by Senior Scene | Jun 30, 2022 | Financial Advice, General Interest, Legal, Magazine, Top Story (B)

​ 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 outright gifts to children. Problems can also be encountered when children are made co-owners of...
Can adding children’s names to property create problems?

What needs to be considered before making lifetime gifts?

by Senior Scene | May 31, 2022 | Featured Article (05), Financial Advice, General Interest, Legal, Magazine

​ 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 preservation of assets, in time the focus shifts more to...
The Financial Planning Process and Why You may Need it

The Financial Planning Process and Why You may Need it

by Senior Scene | Sep 30, 2021 | Financial Advice, General Interest, Legal, Magazine, Senior News, Top Story (C)

The Financial Planning Process and Why You may Need it By: Max ValaVanis, CFP® I’m currently going through the dreadful process of painting the interior of my house, and the multitude of greens on the color pallet astounds me. When I proudly walked into...
What may invalidate an estate plan?

What may invalidate an estate plan?

by Senior Scene | Feb 1, 2021 | Financial Advice, Legal, Magazine, Top Story (B)

What May Invalidate An Estate Plan? By Attorney Truman Scarborough An estate plan may be successfully challenged if: 1]  The document was forged. 2]  There was fraud because false information was presented to the person creating the estate plan with an intent to...
Beneficiary Mistakes!

Beneficiary Mistakes!

by Senior Scene | Jan 1, 2021 | Featured Article (06), Financial Advice, Legal, Magazine

Beneficiary Mistakes! By Max ValaVanis 321-956-7072 As a financial advisor, I witness a multitude of client mistakes. Usually, they are rectifiable, but sometimes it’s too late, and a disaster occurs. The most notorious shortcoming of an estate plan is inaccurate...
Beneficiary Mistakes!

Creating Income in Retirement

by Senior Scene | Dec 1, 2020 | Featured Article (06), Financial Advice, Legal, Magazine

Creating Income in Retirement By Max ValaVanis 321-956-7072 Guaranteed retirement income is gradually becoming a myth. If you are nearing retirement or recently retired, your generation is most at risk. Across the nation, the tides are turning, and your retirement...
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