Estate Planning for Edmond Families Since moving to Edmond with my wife, Terri, in 1992, this community has been the backdrop of our lives. We raised our three children here—watching them go through Edmond Public Schools and move on to UCO and OSU—and now we get to enjoy seeing our grandkids in those same local […]
Many individuals believe that estate planning is a task reserved only for the wealthy or those nearing retirement. However, in our extensive practice, we have seen that a well-crafted plan is a vital tool for anyone who owns a home, has children, or wishes to spare their family from the complexities of the public probate […]
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. […]
