One of the most problematic issues we encounter in estate planning happens when clients discover that their carefully constructed estate plan can be completely bypassed by a form they filled out years ago and forgot about. Beneficiary designation forms on…
When Oklahoma families research estate planning options, they frequently ask: "Is a living trust better than a will?" This question reflects a fundamental misunderstanding about how these documents function. Rather than competing alternatives, a living trust and Last Will and…
When a parent develops dementia, adult children often struggle with how to help manage their care and finances legally. Many families search for information about "how to get guardianship of a parent with dementia," but guardianship should be considered only…
When Oklahoma families consider estate planning, most focus on asset distribution and probate avoidance. However, couples with significant wealth face an additional challenge: reducing estate tax exposure while maintaining financial flexibility. A Spousal Lifetime Access Trust (SLAT) can help accomplish…
When Oklahoma business owners think about estate planning, the focus often centers on who will inherit the company and how ownership transfers. However, an equally critical component involves planning for business debts and liabilities. Outstanding loans, vendor contracts, and payroll…
Most business owners know they need a Durable Power of Attorney (DPOA) to protect their personal finances in the event of illness or incapacity. What many don't realize is that a standard personal DPOA may not be enough to keep…
One of the most frequent concerns we encounter from Oklahoma families involves the potential tax burden their loved ones might face when inheriting property or investments. "Will my children owe substantial capital gains taxes on our family home?" "What happens…
Family relationships can evolve in unexpected ways throughout our lives, for better or worse. Unfortunately, sometimes children and parents become estranged for reasons that may be complex, painful, or irreconcilable. If you find yourself in this difficult situation, you may…
When you are both the owner of a thriving company and the architect of your estate plan, one question rises to the top: How deeply must my trustee know my operations? The answer is nuanced, and overlooking it can spark…
When Oklahoma families call our office, they often say, “I know I need something, but I’m not sure what.” That uncertainty is normal. Estate planning and elder law share many of the same tools, yet they serve different seasons of…