News & Articles

The Difference Between A Conservator And A Power Of Attorney
When a loved one becomes unable to make decisions or manage their finances, it may become necessary to have someone act on their behalf. That
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How to Avoid Probate in California: 7 Proven Strategies
Probate is the court-supervised process of settling a person’s estate after death. In California, probate can be time-consuming, public, and expensive, often taking 9 to
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How to Help Aging Parents Before Tax Season
As we grow older, we become independent and learn to handle things on our own. However, in our golden years, independence becomes complicated and easy
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Trust Accounting: Choosing the Right Trustee
When choosing a trustee, it is easy to trust a family member, friend, or associate with this considerable responsibility. However, trustees have obligations that go beyond being trustworthy,
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2022 Tax Season Tips for Seniors
Tax season is officially here. January 24th, 2022 marked the first day that the IRS will be receiving tax returns for 2021. With an earlier
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The Oldest Child Syndrome
Mom and Dad had a trust and they chose their oldest child, who lives three hours away, as their successor trustee. When Mom and Dad
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Inside Trustee Family Trouble with Smith Marion Co, CPA
For over 25 years, we have been in the business of helping our clients with their financial matters. In our many years of experience, we’ve
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3 Tips to Manage the Communication with Your Siblings When You are The Trustee of Your Parent’s Trust
You recently found out you are the trustee of your parent’s trust. It is very likely that during the next few months you will feel extreme
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A Beginner’s Guide to Trusts and Trust Accounting
As people age, it’s important to consider your best options to live the rest of your life comfortably and take care of those you leave
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Trust Benefits for Seniors to Consider
A trust may take effort and time to plan, but it can be worth it for individuals who are planning a will or retirement or
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