What Kinds of Powers of Attorney Are There?

A power of attorney grants someone (the “agent”) authority to act on behalf of another party (the “principal”).

06/01/23 • by: Goldsmith & Guymon, P.C.

How Do I Talk to My Parents About Estate Planning?

Broaching the subject of estate planning can be difficult, as emotions often run high while discussing end-of-life care and other similar topics. However, having a plan in place can streamline the estate transfer process upon the passing of your loved ones, bringing peace of mind to the whole family.

05/31/23 • by: Goldsmith & Guymon, P.C.

Why Do I Need an Estate Plan?

Estate planning might sound like something that’s just for wealthy people with huge beach houses and billions in the bank. However, the truth is that estate planning is something we all need to think about.

05/31/23 • by: Goldsmith & Guymon, P.C.

What are the Consequences of Dying Without a Will?

When you die, a section of law known as estate and probate law governs how your assets are distributed.

05/27/23 • by: Goldsmith & Guymon, P.C.

Can I Keep Stepchildren Out of Estate Plan?

Estate planning is nearly always worthwhile but can be extra important when you have stepchildren.

05/26/23 • by: Goldsmith & Guymon, P.C.

Is It Possible to Split an IRA?

Like most assets, you can inherit an individual retirement account (IRA) after the owner’s death. For spouses, inheriting an IRA is a relatively straightforward process.

05/25/23 • by: Goldsmith & Guymon, P.C.

Do Heirs Have to Pay Debts from an Estate?

First, debts in a person’s estate are payable from the decedent’s assets in the course of administering their probate estate or administering their living trust estate.

05/24/23 • by: Goldsmith & Guymon, P.C.

Why Everyone Needs a Will and an Estate Plan

Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for a person's future incapacity or death.

05/23/23 • by: Goldsmith & Guymon, P.C.

Estate Planning for Cognitive Decline

Data from sources like the U.S. Census Bureau shows in no uncertain terms that the U.S. population has grown older over the prior two decades.

05/20/23 • by: Goldsmith & Guymon, P.C.

What Do I Do If I’ve Lost an Important Document?

The word ‘paperwork’ has become an anachronism; most legal and business documents today are created, signed and stored digitally. However, a few actual pieces of paper remain vitally important to keep.

05/19/23 • by: Goldsmith & Guymon, P.C.

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