Who Pays Taxes, the Estate or Heirs?

The heirs of an estate can be liable to pay the estate or income taxes (and perhaps other obligations) of the estate.

07/21/23 • by: Goldsmith & Guymon, P.C.

What Happens to Digital Assets on Death?

If you haven’t properly accounted for these things, your heirs may not be able to access these assets when you’re gone.

07/21/23 • by: Goldsmith & Guymon, P.C.

Estate Planning for Today’s Modern Blended Family

The modern blended family has far more needs when it comes to estate planning than a traditional family. Here are some challenges, tips and solutions.

07/15/23 • by: Goldsmith & Guymon, P.C.

How Can I Leave Property to a Minor?

You cannot name a legal minor as a beneficiary. This applies to almost all legal documents, most notably wills and life insurance policies.

07/14/23 • by: Goldsmith & Guymon, P.C.

What is a Pour-Over Will?

This type of will can ensure that your assets go where you want them to. However, there are many misconceptions about them.

07/13/23 • by: Goldsmith & Guymon, P.C.

How Do You Split Property Among Heirs?

If you thought that doing your taxes got complicated when you acquired more assets, wait until you try to split them up among multiple children when planning their inheritance.

07/12/23 • by: Goldsmith & Guymon, P.C.

What are the Main Reasons for Using a Trust?

When you think of a trust, you may have visions of contentious family gatherings in an attorney’s office after the death of a patriarch or matriarch.

07/11/23 • by: Goldsmith & Guymon, P.C.

Why is a Will So Important as I Age?

If you die without a will, you die “intestate” and your assets will be distributed according to your state’s law. That could result in a distribution you didn’t intend.

07/09/23 • by: Goldsmith & Guymon, P.C.