Transfer on Death Deed in Oklahoma Estate Planning

Transfer on Death Deed

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…

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Oklahoma Charitable Lead Trust Lawyers

Transfer on Death Deed

The type of trust you choose is important and there are many different choices. One type is the Oklahoma Charitable lead trust. This is an irrevocable trust that once established the donor will not be able to modify, terminate, or amend the terms of the trust. The purpose of a charitable lead trust is to provide support to one or…

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Adoption and Estate Planning

Revoking a Tulsa will with Oklahoma divorce

Adoption and Estate Planning in Oklahoma is a common concern. One of the questions people have is if the person adopted is entitled to inherit from both their natural parents and their adopted parents. Still more questions involve if the adopted person can inherit property through a will or by intestate distribution. If you’ve got questions regarding adoption and estate…

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Irrevocable Trusts in Oklahoma

Irrevocable Trusts

In Estate Planning people often turn to trusts as a way of passing assets to avoid probate. One of the many trusts available is the Irrevocable trust. Irrevocable Trusts are trusts that cannot be altered or ended once they are executed. Unlike revocable trust, they don’t allow for modification and termination if the trust creator has to make changes. Although an irrevocable trust…

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What is Probate in Oklahoma?

Transfer on Death Deed

Probate in Oklahoma is the judicial process of determining who is entitled to receive the deceased person’s property. Whether the person died with a valid will or died without a will, their estate must go through probate in Oklahoma. This is an important process because it ensures that the person’s property is properly distributed to those who are entitled to…

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Oklahoma Hand Written Wills Are Valid

In Oklahoma Hand Written Wills Are valid but they must satisfy certain requirements. In Oklahoma hand written wills are called holographic. Holographic wills are wills that are completely handwritten by the person wishing to will their property away when they die. Some people prefer to hand-write their final wishes because its easy and personal. Not all States allow for holographic…

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Charitable Donations in Wills and Trusts

charitable donations in wills and trusts

Sometimes a person wants to donate money to a charity in the event of their death.  In fact, about 5% of Americans choose make charitable donations in wills and trusts.  The law provides several ways for this possibility.  This article will explain a few and what the perks are in donating this way. Charitable Donations in Wills and Trusts When…

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Oklahoma Ancillary Probate Information

Capital Punishment in Oklahoma

Oklahoma ancillary probate is the process used to distribute property of a person that dies while a resident of one State but has property in a different State. When someone passes away the Probate Court in the State they reside is the state with jurisdiction over their Estate. This means that the Home State is the one that decides if…

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Creating a Trust in Your Oklahoma Estate Plan

Revoking a Tulsa will with Oklahoma divorce

When you are creating your estate plan, you will come across the idea of using “trusts”.  There are several different types of trusts that estate lawyers will use as tools in creating your plan.  Of course, you have the ability to choose if you want a trust and what type of trust you would like to include in your plan. …

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Step Children and Estate Planning

Irrevocable Trusts

Step Children and Estate Planning for after you die require certain things be done. Blended families and step-children are a common occurrence in American families today.  This makes up over a quarter of a million families and children who are living with non-biological parents.  With these statistics in mind, it is important to know how the law affects step-children and…

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Holographic Wills in Oklahoma

Holographic Wills in Oklahoma are valid if done correctly. Life expectancy in Oklahoma is 73 years old.  A large percentage of people over the age of 65 do not have a valid will or trust in place.  Sometimes, a will is put in handwriting before a person’s death though.  This is legally a holographic will.  Oklahoma recognizes holographic wills in…

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Revoking a Tulsa Will With an Oklahoma Divorce

Revoking a Tulsa will with Oklahoma divorce

Revoking a Tulsa will with Oklahoma divorce is one way to revoke a will. As we go through life and acquire more assets estate planning becomes more important. More importantly then acquiring more assets is the need to protect our family members even after we’ve left this earth. An important part of estate planning and probate in Oklahoma is understanding…

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Tulsa Probate Lawyers

Valid Will

Our Tulsa Probate Lawyers will tell you that probate doesn’t have to be hard. Probate is the legal process by which the court, oversees and directs the distribution of assets and liabilities to beneficiaries. Thus, the probate process is the means by which legal title to real or personal property transfers to heirs or beneficiaries. The distribution of one’s property, whether they had…

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Planning For Incapacity

Planning for incapacity is never a pleasant task. But there is significant risk in delaying the development of such a plan if you should become incapacitated.  Most people associated this type of prolonged loss of consciousness may be elderly people suffering from mental ailments.  However, young people can suffer the same type of incapacity.  It is impossible to prevent temporary…

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