Search Results for: Trusts

Special Needs and Supplemental Needs Trusts
Families who have a loved one with a disability, receiving SSI income or has special needs should pay particular attention to their estate plan. When developing a Special or Supplemental Needs Trust, it is important to keep needs based governmental benefits in mind. Standard trusts often can cause an individual from becoming ineligible to receive […]
10 Day Notice, Revocable Trusts and the Home, New Rules Means Loss of Benefits
Effective September 1, 2016 DHS Will Now Treat a Home in a Revocable Trust as a Countable Asset: This could mean that current residents will lose Medicaid benefits.   On September 1, 2016, DHS changed the rules about how it treats assets in a Revocable Trust.  As a result, more applicants will be denied benefits.  […]
Pet Trusts Provide for Care After You’re Gone
Does your dog need a Trust?  Should you tell your Cat? To some this may seem a bit silly, but for many of us we want to insure that are pets are cared for after we are gone.  One of the obstacles would-be caregivers face are the expenses associated with keeping an animal happy and […]
Family Trusts
Family Trust Also Called Revocable Trust or Living Trust The Family Trust has become a common part of many Estate Plans. In fact, most attorneys believe it malpractice to create an Estate Plan without considering whether a Trust is appropriate. A Trust does much more than a Will. No Probate Court: One major advantage of […]
Estate Plan, Wills, Trusts and other Protections
    An Estate Plan insures that the right people get the right things at the right time; for example: You want to make sure that there is somebody to take care of your financial affairs if you become unable to do so. You may want your children to inherit money or property but also […]
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.  […]
Aircraft Ownership & Trusts
Estate Planning with an Aircraft Trust Is your Estate Plan Airworthy? Aircraft must be registered with the Federal Aviation Administration.  The owner is the person who has the authority to operate, use, update registration and sell the aircraft.  If the owner dies or becomes unable to fill these roles, then there is nobody who has […]
Essentials of Estate Planning
Estate Planning Essentials: Estate Plan: Formal written instructions for your family, doctors, and others regarding your: Property Finances Family It also empowers individuals to act on your behalf.  It keeps you in charge as long as you are alive and well. It minimizes the need for guardianship or probate. Powers of Attorney: Grants somebody else […]
Oklahoma Mineral Rights Probate Attorney
Mineral Interest Probate: Often a property is inherited but title is not in the name of the heirs.  Generally, a company will require a probate before they begin paying royalties.  Or, a buyer will make probate a title requirement.  Very often, the process is simple for the heirs.  It is also rare that any heir […]
Oil and Gas Mineral Owners’ Tools
Welcome: We offer various services for mineral owners and their heirs. Probate Services: General Oil and Gas Help: Pass on Mineral Interests Without Probate.  Even if you don’t have a Will or Trust Pooling Order: Oklahoma Probate for Out-of-State Mineral Interest Owners and Heirs          Frequently individuals on the Mineral Rights Forum have posts that […]
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