Mistakes to avoid when drafting a power of attorney
A power of attorney (POA) is a legal document that lets you appoint someone you trust to make decisions on your behalf if you become unable to do so. This step provides peace of mind and ensures your agent carries…
What if a will is contested due to undue influence in Oklahoma?
When someone believes a will does not reflect the true wishes of a person, they might decide to contest it. One common reason for contesting a will involves suspected undue influence. Contesting a will can create complex situations for family…
Integrating digital assets and cryptocurrencies in an estate plan
In today’s world, more people are including digital assets in their estate plans. Knowing how to plan for these assets is important to ensure a smooth transfer to beneficiaries. Without proper integration, heirs may struggle to access or manage digital…
Is there a limit to how many assets you should place in a trust?
Creating a trust is a powerful estate planning decision, but there are many questions you might ask that only have vague answers. For example, you might understandably wonder if there is a limit to the number of assets you can…
Pros and cons of a family limited partnership in Oklahoma
Setting up a family limited partnership (FLP) is a popular choice for managing and passing on family assets. Understanding the pros and cons will help you make informed decisions that fit your family’s needs and goals. Benefits of a family…
Informing heirs about their inheritance in Oklahoma estate plans
The contents of an estate plan often remain private until the person has passed away. This choice helps maintain privacy and may prevent any potential conflicts. However, some find that discussing the plan while they are still alive leads to…