Oklahoma residents often revise their estate plans when they have children, marry or divorce, but it may be prudent to revisit documents like wills, trusts, health care directives and powers of attorney on a regular basis and not just after major life events. The...
Lidia Law Firm, P.C.
Director’s will provides warning for others
Many Oklahoma residents are fans of director John Singleton's innovative filmmaking. Estate planning experts warn, however, that they should not emulate his choices when it comes to making a plan for the future. Many people put off writing a will or creating a trust...
Intestate succession in Oklahoma
Adults in Edmond are advised to start the estate planning process early on in their lives. A central piece of any estate plan is one’s will. In it, a person stipulates how (and to whom) they want their assets dispersed. Yet what happens if one dies without a...
Remember your estate plan when you divorce
If you and your spouse are among the Oklahoma couples who took the time to create a solid estate plan, you should feel good about that. However, if you and your spouse are now embarking on a divorce, your plan will need renewed attention as certainly the decisions you...
What are signs of undue influence?
When Oklahoma residents write their will or handle other estate matters, it is generally believed that they are getting across the exact message they want. Unfortunately, that isn't always the case. We at Lidia Law Firm, P.C., will explain undue influence and its...
Can you leave assets to charity?
As a resident of Oklahoma, you may want to pass on a portion or the entirety of your assets to charity after your passing. But is it possible to do that? Fortunately for you, this is why charitable trusts exist. According to How Stuff Works, charitable trusts can hold...
Are you making succession plans for your business?
Oklahoma business owners like you have more than the average resident to worry about when it comes to drafting trusts, wills, or other end-of-life plans. This is because you have your business to worry about, too. How can you ensure that it passes down in the way that...
I’m only 30? Why do I need an estate plan?
If you are one of the many Oklahoma residents who is in your 20s or 30s, you might be very focused on establishing yourself as an independent adult. Moving out of your parents' home for good and being financially responsible for every aspect of your life can feel...
Important estate planning tools
Many people in Oklahoma might think that an estate plan is all about a will or a trust. While these documents can be important elements in an estate plan, they are far from the only tools that a person should have in place to properly protect themselves, their assets...
When do you need to update your will?
Estate planning in Oklahoma is usually not a one-and-done deal. It is possible, perhaps even likely, that your life circumstances will change in one way or another between now and the time that you eventually pass on, perhaps more than once. When that happens, it is a...