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
Category: Oklahoma News
Embracing the Digital Age: Oklahoma’s Uniform Electronic Estate Planning Documents Act
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
DNR vs Advance Directive: Understanding End-of-Life Choices
Navigating end-of-life decisions can be incredibly challenging, especially when it comes to understanding the distinctions between a "Do Not Resuscitate" (DNR) Order and an Advance Directive. What is a DNR? Emergency medical service professionals are required to administer life-sustaining treatments like CPR to patients. However, a do-not resuscitate order says that if your hearts stop… Continue reading DNR vs Advance Directive: Understanding End-of-Life Choices
Estate Planning After a Divorce
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
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!
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?
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
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
