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Older adults who live alone have the freedom that comes with a single life, but those who are the most content have taken the time to prepare for the future, which includes estate planning and planning for legal matters.

Estate planning is more complex for individuals with cryptocurrency. Unlike traditional assets, cryptocurrency is not regulated by federal authorities, which may make it difficult for heirs to access them after the owner's death.

Fortunately, the Oklahoma legislature has passed a summary administration law with the goal of reducing the time and expense of a regular probate estate. This summary proceeding can be used for distributing real property and oil and gas interests.

Revocable living trusts help shelter estate assets from probate. They help to shield private finances from public scrutiny and provide additional control over the disposition of assets after their owner’s death. Trusts can also save money and minimize the time it takes to settle an estate.

A pour-over will is a legal document that ensures an individual's remaining assets will automatically transfer to a previously established trust upon their death. These wills are normally created alongside a trust.