The Roles are Flipped, You Need Information: When you were young your parents found ways to protect and provide for you. As your parents age they increasingly need your care. You need answers including legal realities. This article and the audio content describes the type of information you need to receive. It also provides practical […]
I. Introduction• Purpose: Explanation of a streamlined estate plan designed to avoid probate without using a trust.• Key Benefits: Minimizes court involvement, simplifies asset transfer, reduces costs, and ensures faster distribution of assets.• Limitations: Not ideal for complex family situations, larger estates, or beneficiaries with special needs or disabilities. II. Core Components of the PlanA. […]
Protecting Your Minor Children: Essential Estate Planning Considerations When creating an estate plan for the future, ensuring your minor children are safeguarded and provided for is a primary concern. Thoughtful estate planning can help you establish clear directions for asset management, guardianship, and decision-making in case of unexpected events. Choosing the right people to serve […]
To prepare for an estate planning meeting it is good to provide some family and situation information. This page links to questionnaires.
How Do I Create a Last Will and Testament or Revocable Living Trust? A Last Will or Trust is a critical part of any comprehensive estate plan. Unfortunately, the internet is flooded with conflicting information—some helpful, but much of it misleading or outright incorrect. This confusion often causes people to delay action or, worse, rely […]
This discussion relates solely to minerals produced in the State of Oklahoma. If your minerals are produced in a different state, then consult an attorney there. What is a Division Order and Why did I Receive One? If you received a letter asking you to sign and return a Division Order to beginning to get […]
A new law imposes civil and criminal penalties on small businesses for failure to provide information regarding certain owners and those associated with the business
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When creating a trust, always consider transferring oil and gas or other mineral interests into it. Failure to do so may require a probate and thus defeating the purpose of the trust.