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

Trusts Archives

Asset planning for remarriages

Oklahoma residents who are planning to get married for the second or subsequent time can benefit from stopping to consider their unique estate planning needs and situations. In many remarriages, each partner brings their own biological children and even grandchildren into the family. Even if everyone gets along well, issues may arise when one of the spouses dies. Fidelity Investments recommends that couples have frank conversations with each other and even with their adult children about their future plans for their estates.

The advantage of Trusts, explained

Many Oklahoma residents feel apprehensive about setting up a Trust; others feel that it simply is not worth the time. Wherever families may lie on this spectrum of opinion, many are confused about the meanings of a will or Trust altogether. Below are some accessible facts about a Trust specifically, and how having one may prove advantageous.

Understanding different kinds of Trusts

When Oklahoma residents set up their estate plans, they have many options to choose from. One of these options is a Trust. Because there are many kinds of Trusts, it is important for people to understand the differences so they can set up the kind that will be best for them.

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