Beneficiary Designation, Business, Digital Assets, Estate Planning, Legal News, Life Insurance, Oklahoma News, Trusts

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

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Estate Planning, Holographic Wills, Legal News, Oklahoma, Oklahoma News, Our Attorney, Uncategorized, Wills

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?

Advance Directives, Estate Planning, HIPAA Authorizations, Legal News, living wills, National News, Oklahoma, Oklahoma News, Uncategorized

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?

Divorce, Estate Planning, Holographic Wills, Intestacy, Legal News, Oklahoma, probate, Trusts, Uncategorized, Wills

“I Know What Will Happen to my Finances, but What Will Happen to my ‘Stuff?’”

A common question in estate planning is: “How do I dispose of my ‘stuff?’” While bank accounts can have beneficiaries listed, and items like homes and vehicles can be titled over to a trust, passing on the jewelry, furniture, and antiques around our homes may be less obvious, but does not necessarily need to be… Continue reading “I Know What Will Happen to my Finances, but What Will Happen to my ‘Stuff?’”

Estate Planning, Legal News, Oklahoma, Trusts, Wills

Estate Planning for Your Facebook Account?

  These types of assets are referred to as digital assets. Digital assets are your personal e-mail accounts, online bank and brokerage accounts, frequent flier accounts, Facebook accounts, and other social media websites. There are four main categories of digital assets: Personal assets Social media assets Financial assets Online business accounts While you may not… Continue reading Estate Planning for Your Facebook Account?

Estate Planning, Oklahoma, probate, Uncategorized

Affidavit of Heirship – An Alternative to Probate?

An Affidavit of Heirship is a sworn statement that can be used by heirs as an alternative way to transfer property and establish ownership when the original owner dies intestate or without a will. Affidavit of Heirships allow for heirs to take possession of the estate without going through probate. The Affidavit of Heirship outlines the deceased… Continue reading Affidavit of Heirship – An Alternative to Probate?

Beneficiary Designation, Estate Planning, Transfer on Death Deed, Trusts, Uncategorized

Oklahoma’s Transfer on Death Deeds

Before 2008, there was no way in Oklahoma for real property or mineral rights to skip probate except for a revocable trust. In 2008, the Oklahoma legislature passed 58 O.S. Section 1251-1258. This statute codified Oklahoma's Transfer on Death Deed ("TODD"), otherwise known as a "beneficiary deed." This allows the owners of real property, including… Continue reading Oklahoma’s Transfer on Death Deeds

Advance Directives, Estate Planning, Legal News, National News, Oklahoma News, probate, Uncategorized, Wills

Estate Planning in time of COVID-19

As most of you will be aware, the virus called COVID-19 or "coronavirus" has changed our everyday lives during this time. As of this post, more than 340,000 people in the United States have tested positive for the virus, and it has cause around 9500 deaths. Around the country, including in Oklahoma, courts are shut… Continue reading Estate Planning in time of COVID-19

Estate Planning, Intestacy, Oklahoma, probate, Trusts, Uncategorized, Wills

Never write on your original estate planning documents

I have many clients that come into my office that have written, scribbled, crossed-out, or marked all over their estate planning documents. This can be a big mistake with big consequences! What should you do if you have a Will or a Trust that you wish to change, amend or revoke? One thing people frequently… Continue reading Never write on your original estate planning documents

Advance Directives, Estate Planning, Oklahoma, probate, Trusts, Uncategorized, Wills

As your life changes, so should your estate plan.

Most of our clients come to us to help make their loved ones' lives easier - not more difficult. Many people will come in wanting a very simple estate plan because of the cost or because they believe their estate is not large enough to cause anyone any issues. However, often, very simple estate plans… Continue reading As your life changes, so should your estate plan.