Estate Planning Blog

What Information Should Be in a Will?

Most people spend each phase of their lives preparing for the next one, whether it's starting a family, buying their first home, or eventually retiring.

06/05/24 • by: Goldsmith & Guymon, P.C.

Preserving Your Legacy: Estate Planning for Landowners

As a landowner, planning for the future and ensuring that your property is preserved and passed down to future generations is essential. This article explores how estate planning can help landowners safeguard their legacy and ensure continuity for their family farm or ranch.

05/14/24 • by: Goldsmith & Guymon, P.C.

Estate Planning Strategies to Maximize Returns for Investors

Integrating stock options into your estate plan requires careful consideration to ensure that your loved ones can benefit from this financial asset. This article explores how you can include stock options in your estate plan to maximize their value for future generations.

05/14/24 • by: Goldsmith & Guymon, P.C.

Should You Include Psychiatric Advance Directives in Estate Plan as You Age?

Comprehensive estate planning today includes elder law and other strategies that help protect your assets and interests if you experience cognitive decline or incapacity. Have you thought about protecting your mental health and care if you can't advocate for yourself? This article explores psychiatric advance directives (PADs), their purpose and how to establish one.

05/14/24 • by: Goldsmith & Guymon, P.C.

Pros and Cons of Probate in Estate Planning

The process averages six to nine months to complete. However, it may take up to two years or more for some complex estates, tying up the assets that your family may need immediately.

05/14/24 • by: Goldsmith & Guymon, P.C.

How Younger Adults Take Charge of Estate Planning

Conventional wisdom casts trusts, wills and estate plans as the exclusive domain of the ultra-rich. Supporting this notion, data reveals that two-thirds of Americans lack an estate plan, a figure that climbs higher to 80% among Gen-Zs.

05/14/24 • by: Goldsmith & Guymon, P.C.

How Much Money Can Be Gifted Tax-Free?

If you’re planning to give your children a financial head start, or support a charitable cause that you’re passionate about, you will need to keep the annual exclusion for gift taxes in mind.

04/30/24 • by: Goldsmith & Guymon, P.C.

Inheritance Trends: How They May Affect Today’s and Tomorrow’s Estate Planning

We look at the latest research findings offering valuable insights into the inheritance trends impacting today’s and tomorrow’s estate planning strategies.

04/30/24 • by: Goldsmith & Guymon, P.C.

Safeguarding against Financial Exploitation: Estate Planning for Cognitive Decline

As family members and caregivers notice signs of cognitive decline in loved ones, it is essential to take proactive steps to safeguard assets. Seeking guidance from an elder law attorney to navigate complex planning issues as well as guard against financial exploitation reduces vulnerability to fraud.

04/30/24 • by: Goldsmith & Guymon, P.C.

What are the Disadvantages of Dying without a Will?

People who die without a will can leave a thicket of probate problems for loved ones.

04/30/24 • by: Goldsmith & Guymon, P.C.

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