For the purpose of Estate Planning its important to know how you transfer property to a Trust that you own. Understanding trusts and property transfers in Oklahoma can be complex, but it’s important for managing your estate effectively. The last thing that you want is for their plan to fail due to a lack of funding the trust. This blog…
When devising an estate plan, it’s crucial to understand the legal boundaries, particularly regarding the rights of a surviving spouse. 2022 Oklahoma Statutes Section 84-44 provides a framework for what you can and cannot do in terms of disinheriting a spouse. Read on to learn more about spousal disinheritance and why involving an experienced Oklahoma lawyer is crucial in navigating…
In an Oklahoma Trust the difference between a beneficiary and a trustee is important for deterring rights and duties. Under Oklahoma estate laws, a beneficiary in a Trust is an individual that will enjoy the Trust’s assets. In legal terms, beneficiaries are considered the Trust’s “equitable owners.” The beneficiaries may either receive the assets and cash from the Trust outright…