Estate Planning Blog

Do I Need a Spendthrift Trust?

A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.

07/28/22 • by: Goldsmith & Guymon, P.C.

Who Should Be Your Executor?

An executor is the person whom you name to handle the settlement of your estate after you die, taking your estate through probate, a court-supervised process that winds up your affairs in the state where you were living at the time of your death.

07/27/22 • by: Goldsmith & Guymon, P.C.

Do You Lose Benefits If You Retire Early?

Claiming Social Security before full retirement age (FRA) has consequences–namely, that you'll get stuck with a lower monthly benefit for life.

07/26/22 • by: Goldsmith & Guymon, P.C.

RMD Formula Changes for First Time in 20 Years

The IRS has good news for retirees: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs).

07/15/22 • by: Goldsmith & Guymon, P.C.

How Do Special Needs Trusts Work?

Special needs trusts can help fund quality-of-life improvements for the beneficiary, such as a phone, a trip or a private room in a group care facility.

07/14/22 • by: Goldsmith & Guymon, P.C.

How Do I Maximize My IRA?

Use these suggestions to boost the balance in your retirement nest egg.

07/13/22 • by: Goldsmith & Guymon, P.C.

What are Non-Traditional Options for Long-Term Care Insurance?

There are other types of policies and investments that you can use to get long-term care benefits.

07/12/22 • by: Goldsmith & Guymon, P.C.

Having a Trust is a Good Idea

What will happen to your assets when you can no longer manage them?

07/08/22 • by: Goldsmith & Guymon, P.C.

Do You Have a Will?

According to a recent Gallup poll, a little over half (54%) of adults in America don’t have a will.

07/07/22 • by: Goldsmith & Guymon, P.C.

Why Is Updating a Will Necessary?

Changes in tax law and in your personal life may mean that yours needs to be updated. Here are the easiest (and smartest) ways to do it.

07/06/22 • by: Goldsmith & Guymon, P.C.

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