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When should a Beneficiary’s inheritance be held in trust?

When should a Beneficiary’s inheritance be held in trust?

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...
Why Buy Life Insurance

Why Buy Life Insurance

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...
When should a Beneficiary’s inheritance be held in trust?

What is Probate?

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...
Why Buy Life Insurance

Long-Term Care: The Movie

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...
Laughing At Ourselves is Part of the Fun Traveling The World!

Laughing At Ourselves is Part of the Fun Traveling The World!

by Senior Scene | Feb 29, 2024 | Entertainment, General Interest, Magazine, Top Story (C)

Laughing At Ourselves is Part of the Fun Traveling The World! Chris Morse, Corporate Travel / The Travel Center / Senior Travel These are actual complaints received by “thomas cook vacations” from dissatisfied customers: 1. “They should not allow...
When should a Beneficiary’s inheritance be held in trust?

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...
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