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
Tag: probate
Rights of Surviving Spouses in Oklahoma
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
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
Why Should I Get A Trust?
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?
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!
Minor Children: Will v. Trust
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
Decanting: How to “Open Up” an Irrevocable Trust
You've got an irrevocable trust, but our world and your life have changed dramatically. Maybe your family doesn't look the same as when you first created the irrevocable trust. Maybe the law has changed and it makes the administration of trust financially unreasonable or the distribution would now be considered financially wasteful. Maybe you simply… Continue reading Decanting: How to “Open Up” an Irrevocable Trust
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?
