Serving as the personal representative of an Oklahoma estate will mean a lot of work. You have to locate and secure assets, send notices to beneficiaries and attend court hearings. There are also taxes to file and accounts to settle. Repaying the debts owed by the...
Estate Administration & Probate
What is a power of attorney?
When you create a will, you’ll likely be asked to detail your assets, assign your beneficiaries and designate an executor of your estate. You may also be asked to assign someone to be your power of attorney (POA). Is this the first time you’ve heard about a power of...
How does a Totten trust work with estate planning?
Estate planning should make things easier for your loved ones after you pass away. There are many different components that come together when you’re trying to set your plan up. Most people think about their will when they’re trying to give their loved ones assets,...
Tips for talking about estate planning with your parents
Your parents are growing older. You know that you’re going to need an estate plan to do things like help them make proper medical decisions or distribute their assets after they pass away. You also know that a lack of an estate plan can lead to a lot of confusion and...
The risks of drafting your own will
You’ve taken the big step of addressing your estate plan and opted to draft a will. While this is very important and beneficial, it’s vital that estate planning documents are created in the appropriate manner. At the end of the day, they need to reflect your wishes...
Who should you name as your healthcare proxy in your estate plan?
You never know when a car crash or an aneurysm could leave you unconscious and vulnerable. When you are left unconscious for an extended period or when your health concerns affect your mental capacity, you may need someone else to serve as your advocate. In Oklahoma,...
Choosing the right guardian for your children
You plan to be there for your child every step of the way as they grow up. While this is the most likely scenario, it is also important to plan for every outcome. Accidents and illnesses tend not to discriminate. What will happen to your child should you become...
Need to execute an estate? Here are some things to know
Being required to execute someone’s estate can seem overwhelming. You may have agreed to it years ago, thinking you would work out what to do when the time came. Now that it has, you need to learn fast. Here are a few questions you might have: What is probate? Probate...