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What is Probate?

What is Probate?

by Senior Scene | Jan 31, 2024 | Financial Advice, General Interest, Legal, Magazine, Top Story (C)

What is Probate? By Attorney Truman Scarborough This is the second in a series of articles on probate. When someone dies, assets titled just in the decedent’s name without beneficiaries are frozen. A Power of Attorney does not help, since it ends when the creator...
What is Probate?

Does It Matter How You Hold Title To Property?

by Senior Scene | Apr 30, 2023 | Featured Article (03), Financial Advice, General Interest, Legal, Magazine

​ Does It Matter How You Hold Title To Property? By Attorney Truman Scarborough This is the third in a series of articles on the different ways title to property can be held. In the first article we discussed the various aspects of an individual holding title in just...
What is Probate?

Does It Matter How You Hold Title To Property?

by Senior Scene | Mar 31, 2023 | Featured Article (03), Financial Advice, General Interest, Legal, Magazine

​ Does It Matter How You Hold Title To Property? By Attorney Truman Scarborough This is the second in a series of articles on the ways title to property can be held. We will now look at joint ownership which is commonly used to allow another person to access an...
What is Probate?

Does It Matter How You Hold Title To Property?

by Senior Scene | Feb 28, 2023 | Featured Article (03), Financial Advice, General Interest, Legal, Magazine

​ Does It Matter How You Hold Title To Property? By Attorney Truman Scarborough Title to property can be held a number of different ways: individually, jointly with or without survivorship rights, husband and wife as “tenancy by the entirety”, in a corporation, in a...
What is Probate?

When Does Diminished Capacity Prevent A Person From Creating An Estate Plan?

by Senior Scene | Jan 31, 2023 | Featured Article (03), Financial Advice, General Interest, Legal, Magazine

​ When Does Diminished Capacity Prevent A Person From Creating An Estate Plan? By Attorney Truman Scarborough Before assisting in the preparation of an estate plan, an attorney must determine that the client has “Testamentary Capacity”. This requires a person...
What is Probate?

What Happens if a Beneficiary Dies?

by Senior Scene | Dec 31, 2022 | Financial Advice, General Interest, Legal, Magazine, Top Story (B)

​ What Happens if a Beneficiary Dies? By Attorney Truman Scarborough All of our beneficiaries (those who inherit our estates) will someday die. Not planning for what will happen if a beneficiary dies can have unexpected and costly consequences.  In this article we...
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