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August 24, 2010

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Estate Planning Resources

The best way to inform yourself about Oklahoma Estate Planning Law and Estate Planning related topics. Our Estate Planning Resource Center includes the following sites for your personal use.

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Did You Know?

A "Living Trust" can be used to hold legal title to and provide a mechanism to manage your property
You can select the person or persons you want -- often even yourself -- as the Trustee(s) to carry out the instructions you want in the Trust and name one or more Successor Trustees to take over if you cannot. Unlike a Will, a Trust usually becomes effective immediately, continues in force during your lifetime even in the event of your incapacity, and continues after your death. Most Trusts are "revocable" which allows the person who creates the Trust to make future changes, modifications and even to terminate it.

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	Latest news about Financial & Estate Planning in Oklahoma and nationwide: Living-Wills Legislation Gains Broad Support WASHINGTON - There's growing support among Democrats and Republicans in Congress, and key advocacy groups, including the AMA, to pass legislation t... Read more > Economic Benefits Of Estate Tax Repeal Should Be Made Permanent WASHINGTON, D.C. - The positive effects of repealing the estate tax should be made permanent, Vice Chairman Jim Saxton said today in releasing a ne... Read more > Death Tax Laws Once A Death Occurs Income Tax: Even after death, federal income taxes are still due by the April 15 deadline, just as they would be if the person was alive. If t... Read more > More Estate Planning News >

Estate Planning Terms

Today's Terms

Devise

Definition:
A gift made by a will or a trust. A devise is made to a beneficiary under the terms of the will or trust.

Tenancy-in-Common

Definition:
A form of ownership of property in which two or more persons share ownership (may be equal or unequal shares). At the death of a tenant-in-common, his/her share in the property transfers to his/her heirs, rather than to the other surviving owner(s). Compare with Joint Tenancy.

Informed Consent

Definition:
An authorization to proceed by a person who has been given and understands all of the relevant facts.

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Estate Planning Resources

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Estate Planning Hot Topics

Topics Related to Estate Planning:

Trusts
Wills
Uniform Probate Code
Gift Tax

Oklahoma Estate-Planning Attorney

If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

Ada
Altus
Ardmore
Bartlesville
Bethany
Broken Arrow
Chickasha
Choctaw
Claremore
Collinsville
Duncan
Durant
Edmond
El Reno
Enid
Guthrie
Lawton

Mcalester
Miami
Muskogee
Mustang
Norman
Oklahoma City
Okmulgee
Owasso
Ponca City
Sand Springs
Sapulpa
Shawnee
Stillwater
Tahlequah
Tulsa
Yukon

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Oklahoma Estate Planning.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.

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