Helping Beneficiaries Succeed—and Promoting Family Harmony

Helping Beneficiaries Succeed—and Promoting Family Harmony by A. Scott White, CFP®, ChFC®, CLU® 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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More