Estate Planning Blog

What Is Upstream Planning?

Doing some ‘upstream’ planning now will take the guesswork out of what’s coming your way.
11/01/22 • by: Goldsmith & Guymon, P.C.
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Are You Ready for 2026?

Because once 2026 arrives, many of the tax adjustments that were part of the 2017 Tax Cuts and Jobs Act (TCJA) are expected to expire.
10/31/22 • by: Goldsmith & Guymon, P.C.
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How to Manage Aging Parent’s Finances

Here are five ways to get started on this important issue of an aging parent’s finances.
10/14/22 • by: Goldsmith & Guymon, P.C.
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The Difference between Revocable and Irrevocable Trust

A trust is an estate planning tool that you may consider using if you want to go beyond drafting a last will and testament.
10/13/22 • by: Goldsmith & Guymon, P.C.
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Why are Trusts a Good Idea?

Whether you are trying to protect your assets from possible creditors, prevent young heirs from spending their inheritance or minimize estate taxes, there is likely a trust for you.
10/12/22 • by: Goldsmith & Guymon, P.C.
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Is a Living Will the Same as an Advance Directive?

Most people think of wills as written instructions for use after death. In contrast, living wills provide your instructions for continuing or halting life-sustaining healthcare while you’re alive.
10/11/22 • by: Goldsmith & Guymon, P.C.
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Problems Created When No Will Is Available

People who have had a serious case of COVID-19 are 66% more likely to engage in estate planning, and 32% of adults under 35 said they wrote a will because of the pandemic.
10/10/22 • by: Goldsmith & Guymon, P.C.
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What Does a Living Will Do for Me?

A living will is a legal document expressing your wishes on receiving or declining medical care or life-sustaining treatments should you become terminally ill or injured and unable to communicate those decisions for yourself.
09/23/22 • by: Goldsmith & Guymon, P.C.
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Does Inflation Reduction Act have Impact on Seniors?

Inflation Reduction Act limits out-of-pocket drug costs, caps insulin copays, makes vaccines free.
09/22/22 • by: Goldsmith & Guymon, P.C.
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How Will the PACT Act Help Veterans?

President Joe Biden signed the PACT Act to strengthen healthcare and benefits for America's veterans and their survivors.
09/21/22 • by: Goldsmith & Guymon, P.C.
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