Estate Planning Blog

What are Mistakes to Avoid with Beneficiary Designations?

Here are five critical mistakes to avoid when dealing with your beneficiary designations.
08/09/22 • by: Goldsmith & Guymon, P.C.
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Why Do I Need a Will?

There’s always plenty of time to get your affairs in order, until you get run over by a cement truck.
08/08/22 • by: Goldsmith & Guymon, P.C.
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What Should I Know about Burial Insurance?

What is covered by burial insurance?
07/30/22 • by: Goldsmith & Guymon, P.C.
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Does Potential IRS Change Have an Impact on Estate Plan?

The IRS is weighing a change that could leave your heirs poorer than you might hope.
07/29/22 • by: Goldsmith & Guymon, P.C.
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Do I Need a Spendthrift Trust?

A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
07/28/22 • by: Goldsmith & Guymon, P.C.
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Who Should Be Your Executor?

An executor is the person whom you name to handle the settlement of your estate after you die, taking your estate through probate, a court-supervised process that winds up your affairs in the state where you were living at the time of your death.
07/27/22 • by: Goldsmith & Guymon, P.C.
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Do You Lose Benefits If You Retire Early?

Claiming Social Security before full retirement age (FRA) has consequences–namely, that you'll get stuck with a lower monthly benefit for life.
07/26/22 • by: Goldsmith & Guymon, P.C.
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RMD Formula Changes for First Time in 20 Years

The IRS has good news for retirees: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs).
07/15/22 • by: Goldsmith & Guymon, P.C.
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How Do Special Needs Trusts Work?

Special needs trusts can help fund quality-of-life improvements for the beneficiary, such as a phone, a trip or a private room in a group care facility.
07/14/22 • by: Goldsmith & Guymon, P.C.
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How Do I Maximize My IRA?

Use these suggestions to boost the balance in your retirement nest egg.
07/13/22 • by: Goldsmith & Guymon, P.C.
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