Lidia Law Firm, P.C.
Estate Planning & Business Law

November 2018 Archives

Are there limits on what you can put in a will?

Making out a will in Oklahoma is a smart way to express your wishes to your surviving relatives as to how you would like them to handle your estate after your death. However, just because you want your property handled in a particular way does not make it legal or possible to do so. As with most legal matters, there are rules and norms that govern what you can and cannot include in your will. 

Late artist's estate sues over use of images in horror film

A common misconception that many in Edmond may have regarding estate administration is that it is a singular event. While that may be true in certain cases, many times estate administration can be a process that plays out over several years (even decades). This is especially true in the case of those who own properties that are put out for public consumption. Executors and personal representatives in these cases are tasked with ensuring that any intellectual or artistic properties belonging to an estate are not used without authorization (or if they are, that the estate is duly and adequately compensated for their use). 

What is the role of an executor?

As you prepare your estate, you will have to choose an executor. Understanding what the executor does will help ensure that you pick the right person for the job. According to Forbes, the main duty is for the executor to carry out your wishes. However, the job entails much more than that.

What is a special needs trust?

If you are the parent of an Oklahoma special needs child, you undoubtedly do everything in your power to see to it that your child receives the care and services (s)he needs. But you also likewise worry about who will care for your child if (s)he outlives you and if the money will be there to provide that care once you are no longer around.

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