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When Can Estate Assets Be Distributed?

May 15, 2022
Many estate executors focus on estate taxes and forget about income taxes. That can be an expensive mistake.
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How Do I Give Assets to Minor Grandchildren in My Will?

May 15, 2022
You have many options to make sure your wishes are followed after you die.
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What to Consider If a Parent is Dying?

May 7, 2022
Dealing with a sick family member is a challenging and emotional time.
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Can Caregiving Make a Money Mess?

May 7, 2022
If caregiving looms in your future — and it likely does if you’re a daughter, an only child or the one (if you are, you know what I mean) — take time now to protect your financial life.
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Can Playing Golf Lower Dementia Risk?

May 3, 2022
Japanese study found older male golfers were 37% less likely to get dementia.
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How to Keep a Family Vacation Home

May 3, 2022
These vacation homes may also comprise a significant portion of the family’s wealth. Therefore, it’s understandable that homeowners want to pass their properties and family traditions to future generations.
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What- New IRA Distribution Rules?

April 27, 2022
The Internal Revenue Service (IRS) recently issued much anticipated proposed regulations that clarify and revise some of the required minimum distribution (RMD) rules for qualified plans (i.e., 401ks, 403bs, etc.) and individual retirement accounts (IRAs).
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Who Needs a Living Trust?

April 27, 2022
If you’re putting together an estate plan, you have no doubt heard about the benefits of a living trust.
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Can Grandchildren Receive Inheritance?

April 24, 2022
Children and grandchildren motivate us to think about a will and life insurance. However, it is problematic to name minor children as beneficiaries.
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Sell Parents' Home for Nursing Care?

April 24, 2022
Reaching the point where you need to consider residential options for your mother can be overwhelming. Not only is it emotionally fraught, there are also financial and legal considerations.
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Law Offices of Claude S. Smith, III

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Charleston, WV 25302

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