You should go into retirement with confidence that your family will be taken care of and your own personal needs will be addressed. The skilled lawyers at Bryce Law Firm, PLLC closely work with you to create an effective estate plan. We help preserve your assets for the benefit of your family and give you control over your affairs in your later years.
Your will is the first and most important step in estate planning. In the absence of a will, an Oklahoma probate court will distribute your assets in accordance with Oklahoma law. With a properly drafted will, you can make very specific choices about inheritance. You may choose to leave assets to any person or entity, including:
|
|
Our lawyers draw up a legally sound will to ensure your family will have clarity regarding your wishes when the time comes to probate your estate.
If you establish a trust as part of your estate plan, our lawyers create a pour-over will. This states that any assets in your estate at the time of your death will be poured over into your trust and avoid probate.
A revocable living trust is a popular estate planning tool, allowing you to hold property in your own name for your beneficiaries to receive later. Property in trust does not pass through probate, saving time and expense for your heirs.
Our knowledgeable attorneys inform you of the many other types of trusts you may use in estate planning, such as:
|
|
We help you select and implement the trusts that are the most appropriate to your needs.
A durable power of attorney gives another person the authority to act on your behalf. It can become effective upon signing or in the event of your incapacity. The document may empower your representative to handle your medical decisions, financial transactions, or both. We help you establish a power of attorney to avoid the more difficult process of guardianship, preparing for the possibility that you may become incapacitated.
An advance directive for healthcare (ADHC), also known as a living will, allows you to inform your medical providers of your wishes regarding life support and artificial feeding under certain limited medical conditions. Our attorneys recommend that you use an ADHC in combination with a power of attorney so that you have a representative to present your plan to your doctors.
If you are a disabled veteran, you should consider how your government benefits fit into your overall estate plan. Learn more about how we help you obtain and manage your VA benefits.
Bryce Law Firm, PLLC helps you get peace of mind about the later years of your life and the legacy you will leave for your family. Contact our firm online or call us at 918.398.7528 to arrange a free consultation about your estate planning needs.