Going through a divorce is an incredibly challenging and emotionally draining experience. Following the upheaval of separating assets and rebuilding your life, it's important to remember to update your estate plan. Estate planning after a divorce is crucial to safeguarding your assets. Following divorce it's important that you revisit your most recent last will and… Continue reading Estate Planning After a Divorce
Category: Estate Planning
Common Law Marriage and Probate
Common Law Marriage Common law marriage, also known as an informal marriage, is a legally recognized marriage between two people who have not obtained a marriage license or held a formal ceremony. Not every state recognizes common law marriage as a valid and legal form of marriage, so a couple desiring to enter into a… Continue reading Common Law Marriage and Probate
Why Should I Get A Trust?
Choosing to establish a Trust for your family is an important decision that requires a bit of planning and time. You have to understand why it is important to open a trust to protect you and your family's future, you have to decide if you have sufficient assets that warrants opening a trust, and you… Continue reading Why Should I Get A Trust?
When Estate Planning Revisions Are Necessary
The hardest step of estate planning is the initial preparation of your Will or your Trust. But, it is sometimes necessary that you may need to revise your estate planning documents. We all know life happens, beneficiaries or trustees pass away, someone unexpected comes into your life, or maybe you start to feel a little… Continue reading When Estate Planning Revisions Are Necessary
Transfer on Death Deeds: What you need to know.
In estate planning, there are two types of avenues for when someone passes, probate transfers and non-probate transfers. Non-probate transfers have become increasingly popular because no one wants to actually go through the hassle of dealing with a probate. One way to ensure that property does not have to go through probate is to execute… Continue reading Transfer on Death Deeds: What you need to know.
Minors as Beneficiaries: A Good Idea or More Than You Bargained For?
Issues can pop up when you leave minors as beneficiaries. Read it about them here!
Oklahoma’s New Healthcare Power of Attorney. What You Need to Know
In 2021, the Oklahoma Uniform Power of Attorney Act went in effect, inadvertently repealing the Oklahoma statutory provisions allowing for the execution of a durable power of attorney for healthcare decisions. However, this past Oklahoma legislative session saw the resurgence of Oklahoma's healthcare power of attorney provisions. Senate Bill 1596, also known as the Oklahoma… Continue reading Oklahoma’s New Healthcare Power of Attorney. What You Need to Know
Planning for your Digital Estate
As our world moves further along in the Digital Age, we as a society have become increasingly dependent and intrigued with the digital world around us. As a result of this dependence we have created and accumulated vast amounts of "digital assets". These digital assets range from and include the digital files on a computer,… Continue reading Planning for your Digital Estate
Do I Really Need an Attorney, or Can I Draft My Will Myself?
The COVID pandemic has caused many people to prepare for the worst and encouraged them to get their affairs in order. A major part of this has been estate planning and. in a time where social distancing is being encouraged, meeting an attorney at his or her office may sound less than ideal, many people are… Continue reading Do I Really Need an Attorney, or Can I Draft My Will Myself?
What are these new change to Oklahoma’s power of attorney laws?
Passed by the legislature in the spring, House Bill 2548 established Oklahoma's new Uniform Power of Attorney act and went into effect on November 1st under Title 58. This act, which provides for more uniform power of attorney documents from state-to-state, mostly focuses on the financial power of attorney. Unfortunately though, through some drafting oversight, the… Continue reading What are these new change to Oklahoma’s power of attorney laws?