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3 Things you Need to Know About Estate Planning After Divorce

Most recently divorced people think their ex-spouse is the last person they want to inherit their assets when they die. Additionally, they do not want that person to make life and death decisions for them. But that is exactly what can happen, and often does, when estate planning documents are not updated. Beneficiary Designations Assets…Read More

3 Great Reasons to Review your Estate Plan

The best estate planning attorneys advise heir clients that estate plans should be reviewed every 3 to 5 years and after any major life events. All estate planning documents should be reviewed and not just the will. Estate plans the offer the most protection for an estate will include a will, a durable power of…Read More

Common Law Marriage in Oklahoma and Estate Planning

Estate planning is important for couples in common law marriages because this type of marriage is unique and not fully understood. A common law marriage is created when a couple lives together and represents themselves as a married couple. No ceremony or licensing is required to establish a common-law marriage, although a couple may be…Read More

Revocable vs. Irrevocable Trusts

Trusts are created to give legal protection for a person’s assets, to make sure those assets are distributed according to that person’s wishes and to save time, and in some cases avoid or reduce inheritance or estate taxes. Trusts Defined A trust is a separate legal entity a person sets up to manage his assets. Trusts…Read More

The Reasons Why Someone May Contest your Will

An updated will and testament is more important right now than ever before. The last thing anyone wants is a will that is created poorly or is not updated regularly. These wills are vulnerable to being contested or being formally objected to. A will contest can wreak havoc on both your finances and your family…Read More

What happens if you don’t probate a will?

Typically, when a person dies with a will, they have an executor who was named in the will. This person is responsible for being sure that the deceased’s money and property is given to the right people and the debts are paid. Once a person passes away, the executor should file the will in court…Read More

Children Or Not, You Still Need An Estate Plan

It’s a common misconception that only wealthy individuals, or those with children, need an estate plan. However, everyone has belongings, a car, some own their own home. If a person passes away and they do not have a will or estate plan, the probate courts will decide who gets their belongings. Simply put, everyone needs…Read More

Let’s Talk About The Oklahoma Probate Process

The probate process is a court-supervised process of authenticating the last will of a deceased person. The process is required to pay the final bills and distribute the decedent’s estate. If there is no will, the probate process looks similar to an extent, but there are significant differences there too. Also, the probate process varies…Read More