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The death of a relative inevitably brings a host of tasks such as planning a funeral, notifying family members and tending to the immediate needs of grieving loved ones, but after all of that comes the difficult process of handling the departed person's estate. Given...
A will allows you to ensure that a trustee distributes your assets according to your wishes. Advanced estate planning takes this foresightedness one step further. It's a suitable strategy for anyone in Oklahoma who wants to protect their property, reduce their tax...
The use of an intentionally defective grantor trust (IDGT) may be an efficient way for Oklahoma residents to transfer wealth. This is because assets held in the trust don't count toward the final valuation of the grantor's estate for tax purposes. Furthermore, any...
If you don't choose a guardian for your child, an Oklahoma judge may do so on your behalf in the event that one is needed. Although appointing a guardian is a relatively easy process, there are many details to consider before making your choice. Traits of a quality...
The leadership of some United Methodist churches in Oklahoma and across the country are aware of the possibility of disaffiliating from their denomination. One thing that could prevent these congregations from leaving is concern over ownership of a congregation's real...
If items remain in your estate after your pass away, they may be subject to Oklahoma probate laws. In the event that you have a will, the primary purpose of a probate proceeding is to ensure that the document is valid. There is a chance that it's validity will be...
Ancillary probate is required when an individual from another state dies and owns property in Oklahoma. This court process allows non-state residents to transfer the ownership of their property to the right heirs and beneficiaries. The procedure is different from the...
A common misconception is the notion that the disposition of assets upon the death of an Oklahoma resident is always governed by a will. The fact of the matter is that a number of assets instead are transferred by virtue of pre-existing beneficiary designations. As...
Oklahoma residents with significant wealth prepare estate plans to ensure that their assets will be correctly managed and distributed after death. Worried couples often express concern about how to ensure that the surviving spouse inherits assets without also becoming...
Mediation is one of the most common dispute-resolution tools available for businesses and individuals in Oklahoma. It does not have legal requirements associated with the process like arbitration or litigation. But it does provide experience, a fresh perspective, and...