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 […]
In Oklahoma a simple form called a Transfer on Death Deed allows the owner of property to pass it on to another person without a Will, Trust or probate court. (I’ll occasionally use the abbreviation TODD in this post.) Help with Trust, Trustee and other Deeds Click Here Here is how the Transfer on Death […]
Edmond Oklahoma Trust Attorney Creating a Family Trust can accomplish several goals: Probate avoidance Asset Protection Medicaid Benefit Planning Wartime Veterans Pension Planning Delayed distributions Estate Tax Planning Property management Special Needs Protection of vulnerable or irresponsible heirs Flexibility and ability to change Edmond Oklahoma Trust Attorney Family Trust: A Trust is an […]
