What Assets are Not Considered Part of an Estate?

In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not pass by will —so called non-probate assets.

05/09/22 • by: Goldsmith & Guymon, P.C.

How to Get Started on an Estate Plan

The Covid-19 pandemic has increased Americans’ awareness of the need to have a will, living trust or other similar end-of-life document prepared.

05/06/22 • by: Goldsmith & Guymon, P.C.

What Does a Will Do and Not Do?

Everyone needs a will. However, some people need more than that. To save on taxes and make for a smooth transition, they could really use a revocable trust, a family limited partnership or a gift trust.

05/05/22 • by: Goldsmith & Guymon, P.C.

Just What Is in an Estate Plan?

Unfortunately, death doesn’t just happen to other people. We should all get our affairs in order, so that our loved ones can focus on grieving and moving on once we pass.

05/04/22 • by: Goldsmith & Guymon, P.C.

Special Needs Planning

Estate planning should always be customized to each individual creating a plan. This is particularly important when planning for beneficiaries with disabilities.

05/03/22 • by: Goldsmith & Guymon, P.C.

Is Your Incapacity Plan in Place?

You may lose the ability to manage your own affairs as you grow older. Therefore, it’s necessary to have an incapacity plan in place.

05/01/22 • by: Goldsmith & Guymon, P.C.

What Do I Need to ‘Age in Place’?

As they get older, many — even most — Americans prefer to remain in their own homes as long as they can, AKA “age in place.” However, to do that, many will need to make their residences safer and easier to navigate, by making home modifications.

04/30/22 • by: Goldsmith & Guymon, P.C.

Do Single People Need Estate Planning?

If you don’t have a spouse or children, you might think you don’t need to do much estate planning. However, if you have any assets, familial connections, or interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.

04/29/22 • by: Goldsmith & Guymon, P.C.

What Types of Rooms are in Assisted Living Communities?

As we age and our health concerns increase, we often need some help with formerly easy tasks, like shopping or bathing. Many families turn to assisted living facilities to support and care for older relatives.

04/28/22 • by: Goldsmith & Guymon, P.C.

What Happens to a Pet when Owner Dies?

While it’s never fun or pleasant to think about what will happen to them if the worst should happen to us, it’s very important to consider how we can ensure that they are well cared-for when and if we are no longer able to care for them ourselves.

04/27/22 • by: Goldsmith & Guymon, P.C.

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Estate Planning Blog

What Assets are Not Considered Part of an Estate?

How to Get Started on an Estate Plan

What Does a Will Do and Not Do?

Just What Is in an Estate Plan?

Special Needs Planning

Is Your Incapacity Plan in Place?

What Do I Need to ‘Age in Place’?

Do Single People Need Estate Planning?

What Types of Rooms are in Assisted Living Communities?

What Happens to a Pet when Owner Dies?

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