Retirement and Charitable Giving by A. Scott White, CFPÂŽ, ChFCÂŽ, CLUÂŽ President, Scott White Advisors In financial terms, we refer to retirement as the âasset distribution phaseâ of lifeâthe time when the assets youâve worked hard to create can be used to fund the post-career life you desire. For many of my clients, their retirement […]
Helping Beneficiaries Succeedâand Promoting Family Harmony by A. Scott White, CFPÂŽ, ChFCÂŽ, CLUÂŽ President, Scott White Advisors Over the next 30 years, Americans will transfer trillions in wealth from one generation to the next. According to the Federal Reserve, the median inheritance in 2019 was $92,700 for someone whose parents had a college degree and […]
Let Your Investment Policy Statementâ Not Unexpected TurmoilâBe Your Guide by A. Scott White, CFPÂŽ, ChFCÂŽ, CLUÂŽ President, Scott White Advisors In the 21 years since founding my firm, Iâve had the joys of working with multi-generational families, serving as financial advisor to grandparents, parents and eventually their children. Together with my clients, Iâve celebrated […]
A Solution to Help Your Charitable Givingâand Your Taxes by A. Scott White, CFPÂŽ, ChFCÂŽ, CLUÂŽ 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, CFPÂŽ, ChFCÂŽ, CLUÂŽ President, Scott White Advisors The Tax Cuts and Jobs Act of 2017 transformed the U.S. tax code, doubling the standard deductionâthe 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, CFPÂŽ, 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, CFPÂŽ, ChFCÂŽ, CLUÂŽ 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 Bitcoinâand Should You Use It? by A. Scott White, CFPÂŽ, ChFCÂŽ, CLUÂŽ President, Scott White Advisors Have you heard of Bitcoin? Itâs a form of cryptocurrency: digital money that allows for peer-to-peer transactions on the internet via a digital representation of value that isnât 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, CFPÂŽ, 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, CFPÂŽ, ChFC, CLU The death of a spouse is one of lifeâs 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 […]
