As an estate planning law firm, we often hear people say that they don't need a will because they don't have many assets, or they don't want to think about their own mortality. However, the reality is that having a will is important, regardless of your financial situation or age. Here are some reasons why:… Continue reading The Importance of Getting a Will Done
Marriage is more than just the joining of two people; it's also about merging lives and assets. Estate planning might not sound romantic, but it's essential for securing your future together. The Power of Partnership: Marriage involves shared responsibilities, including financial and legal matters. Estate planning helps create a joint financial roadmap, protecting each other's… Continue reading Marriage and Estate Planning: Securing Your Future Together
In Oklahoma, surviving spouses have statutory protections to ensure that they will receive a fair share of their deceased spouse's estate. Listed below are some of the potential protections that may be available to a surviving spouse. To best determine whether a protection applies to you or to ensure that your spouse is well-provided for… Continue reading Rights of Surviving Spouses in Oklahoma
Estate planning has officially entered the digital era in Oklahoma! The Uniform Electronic Estate Planning Documents Act (UEEPDA), effective November 1, 2024, brings a modern twist to traditional estate planning. For individuals and families alike, this means more convenience, efficiency, and flexibility in creating and managing key documents like wills, trusts, and powers of attorney.… Continue reading Embracing the Digital Age: Oklahoma’s Uniform Electronic Estate Planning Documents Act
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
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
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?
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
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?
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?’”
