More than 3,200 same-sex couples married in Oklahoma less than 3 months after the landmark Supreme Court ruling in 2015. Nationwide, almost 300,000 gay and lesbian couples have tied the knot since 2015. Same-sex weddings have boosted state and local economies by an estimated $3.8 billion since 2015. About $3.2 billion has been spent on…Read More
Beneficiary designations are widely used in financial and estate planning. These designations are commonly used to name the individuals or entities who are to receive the proceeds of life insurance policies, annuities or retirement plans after the death of the owner. Through the use of beneficiary designations, many assets can be transferred after death without any…Read More
Access to your digital assets and accounts in the event of your disability or death is an important part of any estate plan. Every year your digital presence grows. Some of your digital accounts may be tied to your bank accounts and some may not. Either way, you should have an ongoing list of all…Read More
Wills and trusts are important elements in any comprehensive estate plan. These legal documents are called “living documents”. Most people realize it is important to have a will and/or trust, but many forget to update them as changes in their situation occur. Those who create a will or trust using an estate planning website usually…Read More
T The year 2021 has arrived, and along with it the COVID vaccine. As people get vaccinated across Oklahoma City, and the spread of the COVID virus is starting to lessen, we are still not out of the woods yet. The rapid increase in the number of people getting their wills, advance directives, and…Read More
If you are in a second marriage or planning another trip down the aisle, then estate planning can get complicated very fast. You probably want to provide for your current spouse but not inadvertently benefit your former spouse. If you have children from either marriage, then juggling their interests can be a challenge. Take Inventory…Read More
Taking care of an aging parent can bring a unique set of challenges for both you and your parent. First of all, talk with your parents about estate planning. Do they have a will? Do they have a medical directive readily accessible? When the time comes, have they thought about who they would designate as…Read More
Most people have the best of intentions when it comes to planning their estate. However, in the absence of proper planning, the best of intentions may not be enough. Here are six of the most common estate planning blunders people make: Failing to plan. The biggest mistake is not planning in the first place. A…Read More
In recent days, many people who have never done their estate planning are now realizing that it should be a top priority. We are in the midst of a worldwide pandemic. In the unfortunate instance that you or your loved ones become ill with Covid-19, you should have a Medical Power of Attorney on hand….Read More
What are the duties of a legal guardian or conservator? A legal guardian or conservator is appointed by the court when an individual has been determined to be mentally or physically incapacitated. This can also be a minor who is in need of an adult to manage their assets. Guardians A guardian has a fiduciary…Read More
