More Oklahomans are turning to a Transfer-on-Death Deed (often called a TOD deed) as a practical, affordable way to ensure their property goes exactly where they want it to go when they die.
An estate plan is one of the most important ways to protect your family, your assets, and your wishes for the future. But life changes, and so should your estate plan. Many people wonder, how often should I update my estate plan to keep it effective?
As your child packs their bags and prepares to embark on the exciting journey of college life, there’s a sense of pride and anticipation that fills your home. This milestone marks the beginning of their adult life and a new chapter for your family. However, amidst the excitement and planning, many parents overlook a critical…
Probate is the legal process of distributing a deceased person’s assets and settling any remaining debts. This process happens in court and ensures that property passes according to the deceased’s will. Oklahoma’s intestacy laws determine how assets are distributed if no will exists. While probate serves an important function, many families want to avoid it because it can be:
Time-Consuming – Probate…
The executor of your will plays a pivotal role in managing your estate after you pass away. This individual is tasked with a range of responsibilities, from distributing assets to beneficiaries, paying off debts and taxes, to ensuring that your final wishes are honored in accordance with the directives laid out in your will. Given…
Beneficiary designations are one of the most important but often overlooked parts of an estate plan. When you name a beneficiary on a life insurance policy, retirement account, or payable-on-death account, those designations determine who receives the asset — regardless of what your will or trust says.
In Tulsa and throughout Oklahoma, many families unintentionally…