What should you consider when making an Estate Plan?
Can you answer these questions? Who do you love? Who do you trust? What do you have? From there we can decide what an estate plan should include. This video provides simple guidance in less than 5 minutes. Your plan may include a Will, Trust, Beneficiary Designations, Power of Attorney, Living Will and Burial or […] ..
Transfer on Death Deed in Oklahoma
What is a transfer of death deed? A Transfer on Death Deed is a simplified method of transferring property upon the death of the owner of real property. This includes surface, minerals, structures and fixtures. The key features are the ability of a current owner to name a beneficiary to receive the property after his […] ..
February 6, 2015
Writing the kids out of the Will. How to disinherit & are there alternatives?
Should I disinherit my son or daughter? This is a heartfelt question and there is no easy answers. This article will explore techniques that can be used and alternatives that should be considered. Here are some common questions: What are the most effective ways to disinherit? What if I am really only worried about the […] ..
January 25, 2015
Five Myths about Trusts
Several myths surround trusts that discourage people from learning about them. Lets look at some of them. Trusts are for the very wealthy: Untrue: Trusts can be for anyone with assets or beneficiaries that need to be protected. There is no minimum estate value that is needed to create a Trust. […] ..
July 31, 2014
Why have an Advance Healthcare Directive or “Living Will”? Form provided at no charge.
Prepare your own Advance Medical Directive “Living Will” Imagine: You are in an accident that leaves you comatose. The doctors determine that you will never regain consciousnesses and the only thing keeping you alive is a feeding tube. You have no “Living Will” in place. The family disagrees on whether to remove the feeding tube […] ..
Banks are often the last line of defense to prevent scams. Inquire before you wire.
Education is not Discrimination, Banks should do more to Educate their Depositors about the various Scams Con-artists use various schemes to part bank customers with their money. These include: Lottery and Sweepstakes Scams Grandpa I’m in Jail Fraud Internet purchaser scam Secret shopper Scam Some confidence games trick individuals, often the elderly, to send money. […] ..
Avoid Lottery Scams, No matter how convincing
What would you do if you received an official looking that informed you that you won $8.75 million dollars? What if the letter had a copy of a cashier’s check written to you? Don’t be fooled. The lottery scam begins with a bold announcement. Victims are contacted by telephone, email or mail. (A sample of […] ..
Every Stakeholder’s Vision is Important in a Succession Plan
Understanding everyone’s vision is important for the development of a succession plan. In order for any enterprise to succeed all parties must be pulling in the same direction. Having an agenda for a succession plan is vital. However, clear and honest communication can identify problems as well as opportunities. Family members are often surprised at […] ..
What Every Creditor Should Know About Filing Proofs of Claim in Bankruptcy Court
Bankruptcy is a legal proceeding designed to relieve debtors with relief from their creditors. A debtor is required to list all his assets, income and creditors. Most bankruptcies involve cases under Chapter 7 or Chapter 13 of the Bankruptcy Code. Unless a proof of claim is timely and properly filed an unsecured creditor will likely […] ..
A Law Firm with a Home Enviornment
My office is a converted pre-statehood home. Clients feel at ease meeting and planning in our quiet and comfortable office. Most meetings occur in the dining room that has been converted into a conference room. This is conducive to meetings that often involve family issues and planning. The relaxed atmosphere cannot be found in busy […] ..
The Family Trust, Changeable & Revocable
A Powerful and Affordable Estate Planning Tool When most people think of Estate Planning they think of a Will. A key component in many Estate Plans is a Revocable Living Family Trust. A Trust is similar to Will because it designates who will receive property. However, unlike a Will it can designate when […] ..
Joint Tenancy instead of a Trust or Will? Better Think Twice.
Joint Tenancy is one of many ways two or more people can hold title to property. Most married couples hold title to their homes as Joint Tenants. It is one of the simplest ways to hold property. Here is how it works most of the time: John and Mary are a married couple […] ..