by Senior Scene | Sep 30, 2024 | Financial Advice, General Interest, Legal, Magazine, Top Story (C)
Are 4% Withdrawals Still Feasible In Retirement? By: Max Valavanis, CFP® Since 1994, many financial advisors have considered the 4% withdrawal rule gospel. A rule that could be written in stone. It’s simple; every year, a retiree can pull 4% – plus inflation – from...
by Senior Scene | Aug 1, 2024 | Financial Advice, General Interest, Magazine, Top Story (C)
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 will...
by Senior Scene | Jun 30, 2024 | Financial Advice, General Interest, Magazine, Top Story (C)
When should a Beneficiary’s inheritance be held in trust? By Attorney Truman Scarborough An inheritance does not need to be distributed directly to a beneficiary. It can be placed in a trust where the funds can be managed and controlled by a trustee for the heir’s...
by Senior Scene | May 31, 2024 | Financial Advice, General Interest, Magazine, Top Story (C)
Why Buy Life Insurance By: Max Valavanis, CFP® Unfortunately, the American people are under-insured concerning life insurance. The facts are glaringly obvious. As per the Population Reference Bureau, roughly 2.8 million people die every year in the United...
by Senior Scene | Apr 30, 2024 | Financial Advice, General Interest, Magazine, Top Story (C)
What is Probate? By: Truman Scarborough This is the fifth in a series of articles on probate. When someone dies, assets titled just in the decedent’s name without beneficiaries are frozen. No one can sign for the deceased person on checks, deeds, etc. A Power of...
by Senior Scene | Mar 31, 2024 | Financial Advice, General Interest, Magazine, Top Story (C)
Long-Term Care: The Movie By: Max Valavanis, CFP® Retirement is often hailed as the golden age of relaxation and leisure, but behind the scenes lies a potential plot twist of long-term care costs. Like your favorite film where the protagonists must face the maleficent...
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