Category: Estate Planning

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How to Find a Great Elder Law Attorney?

July 3, 2022
Did you know someone who is 65 today has a 70 percent chance of needing long-care treatment in the future? Even seniors who have saved up for their waning years can find it a challenge to pay for nursing home costs, especially when relying only on Medicare coverage.
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What Type of Trust Do You Need?

July 2, 2022
There are two main kinds of trusts: revocable and irrevocable.
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How to Start an Estate Plan

June 28, 2022
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.
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What Does a Will Do and Not Do?

June 22, 2022
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.
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Which Estate Plan Documents Are Needed for Incapacity?

June 21, 2022
One of the most important estate planning documents for all persons over the age of 18 to consider is a durable power of attorney.
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No Will? A Horror Show Could Result

June 16, 2022
It's hard for a family to recuperate when the patriarchs and matriarchs have gone to glory, leaving a battle for who will carry the family's leadership role and manage the family's transition of wealth.
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What Estate Planning Documents Are Critical?

June 12, 2022
Nobody likes to talk about it, but death is inevitable for all of us. Therefore, you should count every moment as a blessing. Beyond this, you should remember there’s no time to waste, when it comes to preparing for your eventual passing.
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Good Communication in Estate Planning

May 24, 2022
For most families, the estate planning process is more involved than simply naming beneficiaries. While the primary goal of estate planning is transferring assets in an orderly and tax-efficient manner, it’s just as important to focus on preserving wealth across generations.
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Is My Inheritance Safe in a Divorce?

May 24, 2022
Your dad bequeathed you a generous sum of money on his passing. Those gifted and inherited assets, in many instances, will be considered ‘separate property,’ not marital property. That might mean that they might not be subject to division, if you divorce. However, perhaps you want to backstop that hoped for result to make the protection more likely to stick if your marriage doesn’t work out.
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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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The way we see it, you deserve to get this information directly from an expert. That’s why we make it easy for you to get in touch with your lawyer, and we never ask you to sit down with a paralegal or assistant instead.

As our relationship continues, we will keep you updated about the status of your case every step of the way. Your lawyer will reach out regularly to tell you about any new developments, and he will also be happy to answer any questions you have throughout the process.

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Law Offices of Claude S. Smith, III

805 Bigley Avenue
Charleston, WV 25302

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