Frequently Asked Questions About Estate Planning: Do I Really Need a Will?
Although it is not required by law, having a will makes things easier for the family and friends that you leave behind. If you have minor children, your will should provide a plan for their future care and the appointment of a guardian for the children.
When there is no will, Oklahoma state law will dictate who will get your assets and property.
The courts will also appoint a Personal Representative for your estate which could spark a family fight over who should be in charge in the event there is no will.
Your will can be modified at any time, should you change your mind about who receives your assets.
Overall, a will provides peace of mind for both you and your family and an organized distribution of your assets at a difficult time.
Justia outlines the specifics of wills here. If you have further questions, or are ready to get started on your will, contact us at 405-443-5100.