In the season of giving, clients often ask us about charitable giving and its tax implications. There are several options to those individuals with a generous heart. Charitable Foundation Trusts, or "private foundations" with Tax-Exempt status are expensive and time-consuming to create. Individuals with thousands of dollars to donate, however, would be wise to create… Continue reading The Season of Charitable Giving
The more clients and friends that we talk to, the more we see why so many people put off writing their will. No one especially wants to think about their own future death, and no one really wants to plan for it. In reality, however, everyone needs to have a will prepared, even at a… Continue reading Why Should I Get A Will Now?
Skillern Law is excited to be adding Medicaid/Nursing Home Estate Planning to our practice areas. It's a new type of estate planning in the law, and it's becoming more and more important as the baby boomers are growing older. A lot of people do not know what it is or what it entails exactly. Let's… Continue reading Medicaid Planning – Planning for Your Future Health Costs
We live in a great country. In large part, this is due to the great sacrifice that our veterans have made, and the sacrifices that men and women in uniform make every day. Statistics say that one in two Americans will need long-term care. There are many ways to curtail the financial burden that long-term… Continue reading Estate Planning for Veterans
Oklahoma has some unusual laws when it comes to step-children and half-blood relatives, especially in the intestate inheritance laws. Just as a reminder, intestate merely means that the person who passed away died without a will, and so the state's inheritance laws are in effect. Oklahoma's statute, Okla. Stat. tit. 84, § 213 (1994), is… Continue reading Stepchildren, adopted children, and half-blood relatives: No Child Left Behind.
A few years ago, my mother sent me the Jessica's morning affirmation video. I haven't woken up every morning with Jessica's joie de vivre, this morning I did. My whole house is great. I can do anything good. I realized that I can really make a difference for same-sex couples with estate planning. I'm not as sure… Continue reading Estate Planning for Everyone
The Supreme Court of the United States' (SCOTUS) October session started yesterday, October 3rd. I was looking forward to this term, since there are a lot of interesting and important cases coming up on the Court's docket. There are 48 cases on the Court's docket thus far. There are, however, plenty of important cases being… Continue reading SCOTUS
Welcome to Tulsa Estate Planning Blog, created by the offices of the Skillern Law Firm, PLLC in Tulsa, Oklahoma. If you've read our profile over there on the right, then you already know a little about us and a little about what we want this blog to be about. Penni Skillern, Esq. has had a… Continue reading Welcome to the Tulsa Estate Planning Blog and the Skillern Law Firm!