Estate Planning Blog

How Do Special Needs Trusts Work?

One of the most commonly recognized instruments for protecting assets for a disabled beneficiary is through the use of a Special Needs Trust, also known as a Supplemental Needs Trust.
11/07/23 • by: Goldsmith & Guymon, P.C.
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Why You Need Two Kinds of Power of Attorney Documents

Power of Attorney documents are often an afterthought when someone thinks about their estate plan.
11/07/23 • by: Goldsmith & Guymon, P.C.
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Where Should I Store My Will?

Aretha Franklin did what she was supposed to in drawing up a last will and testament, but a crucial mistake left her multimillion-dollar estate in chaos.
10/20/23 • by: Goldsmith & Guymon, P.C.
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How Does a Premarital Agreement Work?

What’s a premarital agreement, how does it work, and what does Costner’s wife, Christine Baumgartner, stand to lose if she challenges theirs?
10/19/23 • by: Goldsmith & Guymon, P.C.
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Have Estate Plan Checkup before Heading to Warmer Winter

If you are headed somewhere warm to spend the winter months, you will want to be sure you have everything in order before you go.
10/18/23 • by: Goldsmith & Guymon, P.C.
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What You Should Know about Inherited IRA

Navigating the often complex world of inherited individual retirement accounts (IRAs) can be daunting, especially in the wake of losing a loved one.
10/18/23 • by: Goldsmith & Guymon, P.C.
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Estate Plan can Ease Anxiety and Confirm Legacy

Preparing for the future supports the causes you believe in and provides peace of mind for you and your heirs.
10/18/23 • by: Goldsmith & Guymon, P.C.
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How Do I Make a Care Plan for Mom?

At some point, most older people will need help getting through the day. According to the U.S. Department of Health and Human Services, someone turning 65 today has a 70% chance of eventually requiring assistance with basic living activities, such as bathing, dressing and using the toilet.
09/30/23 • by: Goldsmith & Guymon, P.C.
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Which Trust, Revocable or Irrevocable?

There are important differences between the two types of trusts, including the amount of control you'll have over your assets.
09/29/23 • by: Goldsmith & Guymon, P.C.
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Do I Need a Will?

A will can distribute any and all assets that the decedent had rights to.
09/28/23 • by: Goldsmith & Guymon, P.C.
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