It Is Time To Start Considering Your Estate Plan
While it has a reputation for benefiting only the wealthy or the elderly, estate planning is really for everyone. If you are single, have children, own pets or simply want to protect the financial future of your loved ones, you simply cannot afford to delay planning your estate. The right attorney can create a tailored approach using a variety of estate planning techniques to ensure your assets go exactly where you want them to after you pass away.
Being proactive in crafting an estate plan protects not only your best interests, but also those of your spouse, family members, children and even your fur children. While it can seem a bit unnecessary or even unpleasant to plan so far ahead, failing to do so can leave your loved ones, and your estate, in a difficult place. Avoid the probate process by working with an estate attorney to make sure your investments, real estate property, valued possessions and financial assets end up in the right hands.
Please call our office at 405-767-0333 and schedule an appointment with our team to explore your options for accomplishing your estate planning wishes.
Avoiding Probate Requires You To Plan Ahead By Creating A Trust
No, the rumor is not true. You do not need a million dollars in assets to establish a trust for your property and assets. There is no measure of worldly goods that you must meet to create your trust. You can provide for the care of your minor children, pets, a loved one with special needs or other family members and avoid probate with the help of a trust.
There are many different types of trusts, including:
- Revocable trusts
- Irrevocable trusts
- Medicaid asset protection trusts
- Veterans asset protection trusts
- Trusts for those with special needs
- (d)(4)(A) trusts
- Third-party supplemental needs trusts
- Charitable trusts
- Settlement protection trusts
- Pet trusts
At Donna J. Jackson & Associates, PLLC, our team is highly experienced and dedicated to using our knowledge to provide you with a customized trust unique to your circumstances.
What Other Tools Are Useful For My Estate Planning Needs?
Protecting your legacy and helping you clearly communicate your wishes to your family is our primary purpose. If a trust is not right for you, we can discuss whether a transfer on death deed for your real property is best.
We will also help you draft legal documents to specify who can write checks on your behalf, who can doctors talk to and ask medical questions about you, and who can get access to your medical records. We will draft and explain different types of documents, such as:
- Durable power of attorney
- Financial power of attorney
- Health care power of attorney
- Advance directives
- OkPOLST form
These documents help instruct others of your desires on who you have selected to act in your stead and in your best interest if you pass away.
Other estates may benefit from a transfer on death deed for real estate property matters.
Do Not Wait Any Longer To Contact An Estate Planning Lawyer
Before crisis takes over, you can take control. Establish a sound plan for distributing your assets, providing for your family or nominating guardianship responsibility for your children. Let our experienced team help you protect all that you have worked hard for during your life. Email or call Donna J. Jackson & Associates, PLLC, in Oklahoma City at 405-767-0333.