Becoming a new parent is a life-changing event that is often marked by joy, excitement and a fair share of new responsibilities. Amid the whirlwind of welcoming a new child, estate planning might not be at the forefront of your mind, but it's an essential task that is...
Estate Administration & Probate
Top reasons that estate disputes occur
Estate disputes can arise for various reasons, leading to conflicts between specific family members and/or beneficiaries. Oftentimes, disputes happen when there is no estate plan in place. Family members may have to work together to make decisions in the wake of a...
3 reasons a beneficiary might file a lawsuit against an executor
The relationship between beneficiaries and executors is pivotal in probate and estate management. An executor plays a pivotal role, from managing assets to resolving outstanding debts. However, disputes can arise when the beneficiary perceives a deviation from the...
Why a DIY will is not a good idea
There are many positives to technology which include gaining easy access to information. This includes information in the area of estate planning. There are websites dedicated to providing will templates and much more so that you can take a DIY approach to estate...
Who might exert undue influence on an estate plan?
The role of the probate courts is often supervisory. They help ensure that the personal representative of an estate properly fulfills their responsibilities. They also review and ensure the payment of creditor claims and guide the distribution of resources when...
How is estate administration handled when multiple wills exist?
One common challenge that arises in estate administration is when multiple wills exist. This scenario can add a layer of complexity to an already intricate process. Estate administration involves managing and distributing a deceased person’s assets and debts according...
Does an estate administrator need to set up a “reading of the will?”
People sometimes believe that family members need to gather together after someone passes away, and then the estate administrator will read the will to the family. This administrator could be a third party, but it also may be a beneficiary – such as one of the...
What an executor should communicate to beneficiaries
The duties of an estate's executor are crucial - how they handle their responsibilities will determine the experience of beneficiaries and other interested parties. It's essential to communicate with beneficiaries effectively since they have a right to be reasonably...
When might a will be contested?
A will is a fundamental component of virtually any estate plan. This legal document can make clear your instructions in terms of passing on assets to beneficiaries. A will can also designate guardians to look after minor children and otherwise detail your wishes...
How can the representative of an Oklahoma estate afford a lawyer?
Serving as the executor or personal representative of an Oklahoma state can be a very challenging undertaking. People often have to commit many months of their time to the process and worry about how the responsibilities they assume may open them up to liability....