How Do I Make a Care Plan for Mom?

At some point, most older people will need help getting through the day. According to the U.S. Department of Health and Human Services, someone turning 65 today has a 70% chance of eventually requiring assistance with basic living activities, such as bathing, dressing and using the toilet.

09/30/23 • by: Goldsmith & Guymon, P.C.

Which Trust, Revocable or Irrevocable?

There are important differences between the two types of trusts, including the amount of control you'll have over your assets.

09/29/23 • by: Goldsmith & Guymon, P.C.

Do I Need a Will?

A will can distribute any and all assets that the decedent had rights to.

09/28/23 • by: Goldsmith & Guymon, P.C.

What Is a No-Contest Clause?

No-contest clauses deter challenges to your estate plan. However, you might want to consider terms that allow for legit challenges related to undue influence.

09/27/23 • by: Goldsmith & Guymon, P.C.

Is a Power of Attorney Really Necessary?

A document usually included in an estate planning package is a financial power of attorney. What is a financial power of attorney?

09/26/23 • by: Goldsmith & Guymon, P.C.

What are the Different Types of Trusts?

While a simple living revocable trust often meets the needs of many individuals, some require more specialized trusts to achieve their goals.

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

Do I Pay Taxes When I Inherit?

An inheritance is a windfall that can absolutely help someone's financial situation -- but it can make your taxes tricky.

09/22/23 • by: Goldsmith & Guymon, P.C.

Everyone Needs an Estate Plan

Life is unpredictable. At least some uncertainties and concerns can be addressed with a good estate plan that offers a wide range of benefits intended to protect one’s well-being and family’s wealth.

09/20/23 • by: Goldsmith & Guymon, P.C.