Estate Planning Blog

What are the Different Types of Trusts?

While a simple living revocable trust often meets the needs of many individuals, some require more specialized trusts to achieve their goals.
09/23/23 • by: Goldsmith & Guymon, P.C.
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Do I Pay Taxes When I Inherit?

An inheritance is a windfall that can absolutely help someone's financial situation -- but it can make your taxes tricky.
09/22/23 • by: Goldsmith & Guymon, P.C.
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Everyone Needs an Estate Plan

Life is unpredictable. At least some uncertainties and concerns can be addressed with a good estate plan that offers a wide range of benefits intended to protect one’s well-being and family’s wealth.
09/20/23 • by: Goldsmith & Guymon, P.C.
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How can You Make Changes to Estate Plan?

Wills and trusts are typically changed over time as life circumstances, the state where you reside, or your desired outcomes change.
09/19/23 • by: Goldsmith & Guymon, P.C.
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Unmarried? What You Need to Know about Estate Planning

Unmarried couples don’t receive the same legal protections as married couples when it comes to inheritance and taxes.
09/18/23 • by: Goldsmith & Guymon, P.C.
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Wrong Form Leads to a Trust Forfeiting a Large Tax Refund

The moral of this tax tale is that you have to be careful about making sure you file the right tax form to get what you want.
09/16/23 • by: Goldsmith & Guymon, P.C.
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How to Decide on an Executor?

Have you found an executor (also known as a personal representative) to handle your affairs should you become incapacitated or die?
09/15/23 • by: Goldsmith & Guymon, P.C.
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How Can I Successfully Transfer My Business to My Children?

Whether planning as the predecessor or the next generation, having the right processes — and partners — in place will set up the transition for success.
09/14/23 • by: Goldsmith & Guymon, P.C.
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What is the Best Estate Plan to Keep Family from Killing Each Other?

Death is inevitable. We need to prepare ourselves and our loved ones for when it comes. Estate planning is an essential part of life that ensures the smooth transfer of our assets to our loved ones after we pass. However, creating a will can be a sensitive and emotional process
09/13/23 • by: Goldsmith & Guymon, P.C.
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What to Do Upon Death of a Spouse

As the surviving spouse, you'll need to consider housing options, like whether to sell or keep the home, or downsize.
09/13/23 • by: Goldsmith & Guymon, P.C.
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