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Transfer-on-Death (TOD) Deeds are one of the most effective tools available in Oklahoma estate planning to transfer real estate directly to a loved one without going through the probate process. Under Oklahoma law, property owners can name a beneficiary who automatically receives title to the property upon the owner’s death—bypassing the time, cost, and stress associated […]
Irrevocable trusts are a powerful estate planning tool for people who want to protect assets, reduce taxes, and plan for long-term financial stability. In Oklahoma, irrevocable trusts work differently than other types of trusts, like revocable living trusts, because they involve permanently giving up control of certain assets. Here’s what you need to know about […]
If you’re planning your estate in Oklahoma, revocable trusts are one of the most flexible and useful tools available. Also known as a living trust, this estate planning option allows you to manage your assets during your lifetime—and decide how they’re distributed after your death—without going through probate. But how do revocable trusts actually work […]
When planning your estate in Oklahoma, one of the most effective ways to avoid probate is by creating a revocable living trust. Unlike a traditional will, which must go through court after your death, a revocable trust allows your assets to transfer directly to your chosen beneficiaries, saving time, money, and stress for your loved […]
If you’re trying to disinherit someone in a will, there are certain steps you will need to follow. Writing a will gives you the legal power to determine how your assets will be distributed after your death. One choice you may face is whether to disinherit someone—meaning they will not receive any portion of your […]
“Can I sell my parents house?” is a common legal question before the probate process. When a parent passes away, their estate, including real property such as a home, typically goes through the probate process. If you are managing your parent’s estate, you might wonder whether you can sell their house before filing for probate. […]
In Oklahoma City, the probate process is several smaller legal proceedings that help settle someone’s estate after their death. This process ensures payment of the decedent’s debts and proper distribution of assets to the heirs or beneficiaries. Here’s a step-by-step guide to the probate process in Oklahoma City: Filing the Petition The probate process begins […]
We often get questions about who can be an administrator of a probate estate. When someone passes away without a valid will, their estate enters a legal process known as intestate probate. During this process, the court appoints an administrator to manage and distribute the deceased’s assets. In cases where a will exists but does […]
Many Oklahoman’s use charitable donations in Estate Planning to accomplish their goals. Often times when a person is creating an estate plan, they consider the idea of gifting money or assets to charity upon their passing. About 16M Americans leave some kind of bequest in their last will and testament for charities. If you would […]
Creating a Trust for Oklahoma Estate Planning affords you more flexibility in your estate planning options. Creating a trust is often an essential part of your estate planning process. Estate planning Attorneys use varying types of trusts depending on your specific needs and wants. This allows you to have control over the assets, may protect […]