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 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 […]
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 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 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? 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 […]
Organize and Protect Financial Records Before Disaster Strikes: Five Steps to Take Now By Scott White, CFP®, ChFC, CLU The best way to ensure the most positive outcomes in a disaster is to prepare ahead of time. If a natural disaster strikes and you are in the evacuation area, can you be ready in 20 […]
Proactive Financial Planning Can Reduce Stress for Surviving Spouses by A. Scott White, CFP®, ChFC, CLU The death of a spouse is one of life’s most traumatic events. While working through the stages of grief, the last thing anyone wants to think about is money. But major financial issues and decisions arise and must be […]
Preparing for Retirement Challenges By A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors The custom of retirement was introduced during the late 1800s. Before then, most workers continued to work until death due to low life expectancy and the absence of financial planning. Today, more people are choosing to enter semi-retirement, where they […]
Financial Literacy for Generation Z by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors Were your children or grandchildren born between 1996 and 2010? If so, they’re part of Generation Z—the generation following millennials. Gen Z-ers were the first generation to grow up with computers, smartphones, and the Internet. They have more information […]
