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
Bringing a child into the world is an immensely rewarding and life-changing experience. As new parents, we are filled with joy, hope, and a profound sense of responsibility. Amid the excitement, it is crucial not to overlook the importance of estate planning. While contemplating our own mortality can be uncomfortable, creating an estate plan is… Continue reading The Importance of Estate Planning When Having Children
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
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
In estate planning, there are two types of avenues for when someone passes, probate transfers and non-probate transfers. Non-probate transfers have become increasingly popular because no one wants to actually go through the hassle of dealing with a probate. One way to ensure that property does not have to go through probate is to execute… Continue reading Transfer on Death Deeds: What you need to know.
Issues can pop up when you leave minors as beneficiaries. Read it about them here!
In 2021, the Oklahoma Uniform Power of Attorney Act went in effect, inadvertently repealing the Oklahoma statutory provisions allowing for the execution of a durable power of attorney for healthcare decisions. However, this past Oklahoma legislative session saw the resurgence of Oklahoma's healthcare power of attorney provisions. Senate Bill 1596, also known as the Oklahoma… Continue reading Oklahoma’s New Healthcare Power of Attorney. What You Need to Know
One of the many complications one needs to think about when planning for the distribution of their estate is minor children. It is vital that parents make plans for their children should should they die prematurely. Typically however, a minor, any one under 18, is not legally able to inherit your estate and manage his… Continue reading Minor Children: Will v. Trust
