Planned Giving: Gifts That Make a Difference by A. Scott White, CFP®, ChFC, CLU Planned giving is a way to leave a philanthropic legacy and support charities you care about with a major gift made during your lifetime or at death. Although there are many types of planned giving vehicles, bequests—or a gift given through […]
Ho-Ho-Hold Scammers at Bay this Holiday Season
Ho-Ho-Hold Scammers at Bay this Holiday Season by A. Scott White, CFP®, ChFC, CLU It’s a season of giving. But for some individuals, it’s a season of taking. Scammers will steal your identity, bank accounts, credit cards…whatever they can. So while you’re making that list and checking it twice, be sure you are up-to-date on […]
Let Your Investment Policy Statement— Not Unexpected Turmoil—Be Your Guide
Let Your Investment Policy Statement— Not Unexpected Turmoil—Be Your Guide by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors In the 21 years since founding my firm, I’ve had the joys of working with multi-generational families, serving as financial advisor to grandparents, parents and eventually their children. Together with my clients, I’ve celebrated […]
A Solution to Help Your Charitable Giving—and Your Taxes
A Solution to Help Your Charitable Giving—and Your Taxes by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors In recent years the tax-law change that had the greatest impact on charitable giving was the 2018 increase in the standard deduction, accompanied by the elimination of the personal exemption. This change made it more […]
Support for Caregivers
November is National Caregivers Month. Chances are you, or someone you know, has been or will be an unpaid caregiver on a short- or long-term basis. Today, more than 1 in 5 Americans are serving in that capacity.1 According to a 2020 study by the National Alliance for Caregiving and AARP, 53 million Americans provided […]
Tax-Efficient Charitable Giving
Tax-Efficient Charitable Giving by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors The Tax Cuts and Jobs Act of 2017 transformed the U.S. tax code, doubling the standard deduction—the limit taxpayers must reach in order to itemize deductions on their tax return. For 2021, the standard deduction is $25,100 for married couples filing […]
The Nemesis of Your Estate Plan
The Nemesis of Your Estate Plan by A. Scott White, CFP®, ChFC, CLU President, Scott White Advisors What do the late Aretha Franklin, Prince, Sonny Bono and Bob Marley have in common? Each of them died without a will. I was surprised to learn this, since I assumed that celebrities with plenty of money would […]
Making Philanthropy Easy: Increasing the Efficiency and Impact of Your Generosity
Making Philanthropy Easy: Increasing the Efficiency and Impact of Your Generosity By A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors When I discuss financial goals with clients, philanthropy often arises as a vital component of the legacy they will leave behind. Charitable giving can play an important role in many estate plans. Philanthropy […]
What Is Bitcoin—and Should You Use It?
What Is Bitcoin—and Should You Use It? by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors Have you heard of Bitcoin? It’s a form of cryptocurrency: digital money that allows for peer-to-peer transactions on the internet via a digital representation of value that isn’t backed by any government or central bank. While services […]
Remembering Flor, the Retired Guide Dog
Remembering Flor, the Retired Guide Dog Two years ago Flor, a Labrador retriever, retired as a guide dog after serving as a companion to Adriana’s brother, Miguel Moreno of Colombia. Adriana went to Colombia and made the complicated arrangements to transport Flor to the U.S. Flor joined Adriana, Scott, two dogs and a cat in […]