When someone in Oklahoma dies with no will, state laws are in charge of distributing their belongings. This process is known as intestate succession. It can be complex and confusing, and understanding the different steps that occur can help you make informed decisions about your own estate planning or that of a loved one. This article will explain more about…
The executors role selling a house is strictly guided by Oklahoma probate law. When someone appoints you as an executor of a will, you will face many responsibilities. Among those might be selling a house. This can be challenging and confusing, especially if it’s your first time handling an estate’s affairs. To help guide you in this process, we have…
Children of deceased parents in Oklahoma are not directly responsible for the debts of their parents. In the midst of dealing with the loss of a parent, a question that often arises is, “Does a child have to pay their deceased parent’s debts?”. This issue can be confusing. Its filled with legal nuance and fraught with emotions. While the death…
A gun trust in Oklahoma is a legal document commonly used in estate planning that helps to protect gun owners and their Second Amendment rights. A gun trust facilitates the lawful purchase, possession, and sale of class three weapons. Class three weapons include machine guns, submachine guns, suppressors or silencers, and other destructive devices. Like many other trusts, a gun…
You can remove an Executor in a probate case In Oklahoma but there are things that must be done first. Imagine this: your loved one dies and leaves behind a will. The will named a specific person to be its executor. However, you and other relatives begin questioning the integrity of this executor. You believe that this executor isn’t fulfilling…
Oklahoma Spousal Lifetime Access Trust is a great tool used to shelter assets. A Spousal Lifetime Access Trust (SLAT) is a written irrevocable trust that one spouse establishes for the benefit of the other. The goal of a SLAT is to transfer assets into a trust that is available to provide some financial assistance to the spouse, but to exclude…
A Transfer on Death Deed in Oklahoma Estate Planning is an instrument to transfer or convey real property upon the death of the owner. This allows the owner to transfer their home upon death. They do this without the need of an Oklahoma will or intestate distribution. People have different reasons for using Transfer on Death Deeds in lieu of…