Estate Planning Blog

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.
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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.
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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.
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Can You Support a Child with Special Needs?

Families that include individuals with special needs require planning to secure their loved ones’ security in the future, both in legal and financial terms. There’s usually no expectation of the child becoming an independent adult, so careful planning is needed, as advised in the recent article “Financial Planning for Families with Disabilities” from Wealth Management. Many families neglect planning for their retirement, focusing all their resources on developing a plan for their disabled child. However, retirement and their child’s future need to be secured, which is where an estate planning attorney can help. In 2014, Congress created The Achieving a…
04/30/24 • by: Goldsmith & Guymon, P.C.
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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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Unraveling the Mystery of Trusts: What Your Estate Planning Attorney Wishes You Knew

Understanding trusts and their tax nuances can empower you to make informed decisions regarding the type of trust you choose for your estate planning purposes.
04/22/24 • by: Goldsmith & Guymon, P.C.
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How to Create a Digital Estate Plan

From cherished memories stored in digital photo albums to valuable assets held in online accounts, our digital footprint has become a significant component of our overall legacy.
04/22/24 • by: Goldsmith & Guymon, P.C.
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How Parents and Adult Children Talk about Money and Aging

It’s a conversation fraught with potential tension, in which people examine around concerns about independence, money, responsibility and mortality.
04/22/24 • by: Goldsmith & Guymon, P.C.
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Why is a Will Important?

While many people put off wills until the unattainable ‘later,’ many others simply fail to create a will because they do not really understand what and how the document works.
04/22/24 • by: Goldsmith & Guymon, P.C.
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Three Estate Planning Strategies You Might Not Know - but Should - SPATs, SLATs, and DAPTs

Learn about three types of trusts specifically for wealthy individuals to prepare for the 2026 estate tax exemption: Domestic Asset Protection Trust (DAPT), Special Power of Appointment Trust (SPAT), and Spousal Lifetime Access Trust (SLAT).
04/22/24 • by: Goldsmith & Guymon, P.C.
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