Estate Planning Blog

How Do Beneficiary Designations Work?

When was the last time you updated, or even thought about, the beneficiary designations listed on your retirement accounts, life insurance, or annuity contracts? If you don’t remember, it’s time for a review!
06/28/23 • by: Goldsmith & Guymon, P.C.
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What Should I Know About Wills?

A last will and testament is a legal document that controls how most of your property and obligations are distributed after your death.
06/16/23 • by: Goldsmith & Guymon, P.C.
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Estate Planning for Digital Assets

Your digital life includes dozens of usernames and passwords. Providing a digital estate plan can help your family deal with your accounts with minimal fuss.
06/15/23 • by: Goldsmith & Guymon, P.C.
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What if My Executor Dies?

When someone passes away, it’s up to their executor to handle the probate process. However, what happens if the executor of a will dies?
06/14/23 • by: Goldsmith & Guymon, P.C.
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Estate Plans Require Preparation for Success

One major misconception is we simply can tell loved ones what we want to happen for the purposes of health or property distribution and family members can ensure that those wishes are followed.
06/13/23 • by: Goldsmith & Guymon, P.C.
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What Does “Power of Attorney” Mean?

A power of attorney is a legal document that gives a person the authority to act on another's behalf.
06/12/23 • by: Goldsmith & Guymon, P.C.
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Who is Legally Able to Amend a Trust?

The conditions for amending a trust, including who has the authority, is usually set out in the document.
06/10/23 • by: Goldsmith & Guymon, P.C.
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When Is a Trust a Good Idea?

Setting up a trust is one way to transfer wealth to a loved one and create financial stability for them.
06/09/23 • by: Goldsmith & Guymon, P.C.
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Should I Give More of My Inheritance to Some of My Children?

Equally sharing the wealth among the children isn’t always fair, such as when one sibling is the primary caretaker, or another is already wealthy.
06/08/23 • by: Goldsmith & Guymon, P.C.
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Important insight on Living Trusts!

A living trust is a legal document which places ownership and control of property into a trust, managed by a trustee for your benefit. Living trusts are often used as part of estate planning and can be helpful in case of incapacity.
06/07/23 • by: Goldsmith & Guymon, P.C.
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