Please read our blog about a wide variety of insurance and financial planning topics. Please feel free to ask us any questions.
Applying For Collector Car Insurance? Make Sure You Take These Steps Beforehand
Posted: June 1, 2020
Unlike most vehicles, collector cars appreciate in value. This means specialized insurance requirements for these vehicles. If you are becoming a classic car owner, you need to know the following before purchasing a collector car insurance policy. Eligibility For Collector Car Insurance Classic or Antique Vehicle To qualify for collector car insurance, your vehicle must meet one of the following two conditions: Antique vehicle: For...
Can My Life Insurance Company Ever Cancel My Policy?
Posted: May 22, 2020
If you have purchased whole life insurance, your policy should continue in effect until you die, at which time death benefits are paid to your beneficiaries. If you have purchased term life insurance, it should continue until the expiration date of the policy. Although you can cancel your life insurance policy at any time, the insurance company can only cancel for specific reasons. For example,...
Don't Underestimate College Savings Advantages
Posted: November 3, 2017
Families Saving More for College but Underestimating Costs: Fidelity Fidelity's College Savings IQ survey also found that more families are using 529 college savings plans but many don't understand all the advantages An increasing number of families are saving for their kids' college education, but many are likely not saving nearly enough, according to Fidelity Investments' latest College Savings IQ survey of almost 2,000 parents...
Financial Advisors: What to Look for & When it Pays to Have One
Posted: June 5, 2017
Personal financial planning can get complicated real fast, especially when you throw in situations such as getting an inheritance or saving for retirement. Working with a professional and licensed financial advisor is an effective way to make sense of it all if you don't know where to start. Since 1958, Weaver Insurance & Financial Advisors in Waynesboro, VA has earned a stellar reputation for providing...
How Charitable Gifts Affect Your Taxes
Posted: May 11, 2017
You may already know that you can deduct charitable gifts on your tax return. To protect you from an audit, though, you need to understand just how those donations will impact your taxes. Fortunately, Weaver Insurance & Financial Advisorsis here to help. For more than 50 years, their financial advisors have helped their Waynesboro, VA, clients understand the ins and outs of charitable giving come...