Advance Directives, Estate Planning, living wills, Oklahoma, Uncategorized, Wills

Ways to Plan for Incapacity & Why It Is Important.

Estate planning is not just for after you pass away, it can also be very important for when you become ill or incapacitated during your life.  The attorney at the Skillern Law Firm can assist with the creation of a comprehensive incapacity plan, as well as your estate planning for when you are gone. It… Continue reading Ways to Plan for Incapacity & Why It Is Important.

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

Reasons to Choose Going to Probate

As an estate planning attorney, most of my clients are meeting with me to help avoid probate as much as possible. I have written previous posts all about how to avoid probate. However, sometimes, probate can be beneficial in certain circumstances. A lot of estates go through probate, which is the court process to distribute… Continue reading Reasons to Choose Going to Probate

Estate Planning, Family Law, Guardianship Designations, Trusts, Uncategorized, Wills

Estate Planning for Your New Expanded Family

The attorney of Skillern Law Firm, PLLC, Penni Skillern, recently had a baby girl in January of 2015. Yes, that is why there was a lack of blog posts and updates on our website. The first thing she did when she was able to go back to work was update her estate plan to reflect… Continue reading Estate Planning for Your New Expanded Family

Beneficiary Designation, Estate Planning, Oklahoma, Oklahoma News, Our Attorney, probate

Oklahoma Small Estate Affidavit

Oklahoma permits the distribution of a small estate without probate, if the estate is worth $50,000 or less in total. There are two ways to avoid probate using affidavits in Oklahoma - one for financial accounts, one for personal property. The first type of "Small Estate Affidavit" allowed in Oklahoma is one for financial accounts… Continue reading Oklahoma Small Estate Affidavit

Estate Planning, HIPAA Authorizations, Legal News, Oklahoma

HIPAA Authorizations – Why They Are Important

In 2003, the United States Department of Health and Human Services enacted regulations under the Health Insurance Portability and Accountability Act of 1996, or as it is more commonly known, “HIPAA”. Under this new law, medical providers can face serious sanctions and monetary fines for releasing unauthorized  “Protected Health Information,” usually meaning medical records. As a result, medical… Continue reading HIPAA Authorizations – Why They Are Important

Estate Planning, Legal News, Oklahoma, Trusts

The Problems of Successor Co-Trustees in a Trust

A creator or grantor of a normal revocable living trust usually serves as the trustee of a trust until their incapacity or death. After one of those events, a successor trustee takes over the trust to manage and administer the trust assets. Some trust creators have two children or have two people they trust enough… Continue reading The Problems of Successor Co-Trustees in a Trust

Beneficiary Designation, Estate Planning, Family Law, Life Insurance, Oklahoma, Trusts

(Minor) Children in Your Estate Planning

When handling people's estate plans, I am often asked how life insurance, retirement accounts, and other “beneficiary” property should be handled with regards to the young children. More often than not,  people with children want some or all of the proceeds of these accounts to go to their minor children. For example, if a client… Continue reading (Minor) Children in Your Estate Planning

Estate Planning, Our Attorney

Call for a Free Consultation!

  Know you need an estate plan, but don't know what you need or where to start? Call our offices today for a FREE CONSULTATION with our Attorney, Penni Skillern, Esq. Our attorney takes a comprehensive and integrated approach to estate planning. Your estate plan should complete your vision, goals, values, and needs for the… Continue reading Call for a Free Consultation!

Beneficiary Designation, Estate Planning, Legal News, Oklahoma, probate, Trusts

Funding A Revocable Trust

Whenever an attorney creates a Revocable Living Trust for a client, the trust needs to be funded.  "What does it mean to fund a trust?" is a common question that our attorney at the Skillern Law Firm  gets from clients.  It is a very important step in the estate planning process. To see what a Revocable… Continue reading Funding A Revocable Trust

Beneficiary Designation, Estate Planning, Oklahoma, probate, Trusts, Wills

Oklahoma’s Simplified Probate

If you do not have a Revocable Living Trust, your estate will  need to be probated or be small enough for a simple affidavit. Probate is the legal process required for estate administration and asset distribution.  To read more specifically about what probate is, read our previous post "what is probate." One important thing about… Continue reading Oklahoma’s Simplified Probate