How to make a valid oral Will. People often wonder if it is possible to make a will without writing it down. The answer is Oklahoma is yes. The an oral Will is a “Nuncupative Will.” A nuncupative will is not required to be in writing, nor to be declared or attested with any formalities. […]
Life Estate: A life estate is when ownership in land is split into two parts. The first part is the Life Estate which is owned by the “Life Tenant” who is entitled to possession and enjoyment of the property as long as he or she is alive. The second is the remainder interest which belongs […]
Non-Probate Assets: Some assets will pass automatically even if a Will or Trust says otherwise. Therefore, it is important to understand how these work so that an Estate Plan can function as intended. Beneficiary Designations: Some assets are designed to pass through beneficiary designations or payable on death instructions given to banks, insurance companies and […]
