Benefits derived by advanced estate planning
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…
Why you should consider an IDGT
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…
Tips for choosing a guardian
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…
United Methodist congregations and disaffiliation
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…
Who can challenge a will?
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…
State requirements for ancillary probate
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…