Should I Withdraw more than RMD?

Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the big picture. For some people, it makes sense to go big.

02/24/22 • by: Goldsmith & Guymon, P.C.

Do I Really Need a Will?

There are certain financial goals that it's important to check off your list, like having enough money in a savings account to cover emergency expenses and eliminating unhealthy debt. However, here's one goal many people gloss over -- creating a will.

02/23/22 • by: Goldsmith & Guymon, P.C.

Write a Letter of Instruction for Loved Ones

Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.

02/22/22 • by: Goldsmith & Guymon, P.C.

What Legal Terms in Estate Planning do Non-Lawyers Need to Know?

For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.

02/18/22 • by: Goldsmith & Guymon, P.C.

What Should Not Be Included in Trust?

A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries and it can significantly reduce the headaches of probate.

02/18/22 • by: Goldsmith & Guymon, P.C.

How Do I Stop Heirs from Foolishly Wasting Inheritance?

One of the biggest concerns a trust creator might have is that the beneficiary would squander their inheritance or that the beneficiary’s creditor would attach the inheritance to cover the beneficiary’s debt.

08/03/21 • by: Goldsmith & Guymon, P.C.

Can You Believe Aging Parents Grow Stubborn and They Know It?

Aging parents grow stubborn, and researchers are uncovering the reasons why.

08/02/21 • by: Goldsmith & Guymon, P.C.

Here’s Why You Need an Estate Plan

No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.

07/31/21 • by: Goldsmith & Guymon, P.C.