Tulsa Estate Attorney Blog
Why Should Single Individuals Consult an Oklahoma Estate Planning Attorney?
Are you a single person wondering if estate planning is necessary? While it may not seem as urgent as it would for married individuals with children, there are still important reasons to consult an estate planning attorney. Attorney Jason Lile explains that as a single person, you likely have desires about who should inherit your personal effects and any wealth you've acquired. Additionally, you have wishes about your medical care that should be memorialized in a living will or healthcare proxy. Without a plan in place, confusion can arise about who should assume responsibilities when you pass away or become incapacitated. Consult an estate planning attorney to ensure your wishes are carried out and your loved ones are prepared. Read more »What Are Important Considerations for End-Of-Life Planning in Oklahoma?
Attorney Jason Lile provides insight into the importance of end-of-life planning in Oklahoma. He explains how drafting trusts and wills can help individuals manage their affairs, but also highlights a variety of considerations that need to be taken into account before meeting with a professional. From online passwords to firearm permits, Lile emphasizes that the digital and physical aspects of one's life should be addressed when planning for end-of-life care. He suggests that consulting with an experienced attorney can provide guidance on important decisions regarding organ donation, resuscitation, and burial preferences, as well as access to a network of professionals who can assist with estate planning needs. Read more »What Is the Difference between a Trust and a Will in Oklahoma?
Confused about the difference between a trust and a will when it comes to estate planning? You're not alone. Oklahoma Will and Trust lawyer, Jason Lile, explains that a trust allows you to be your own trustee until you become incapacitated or die, at which point your successor trustee takes over according to the instructions in the trust. On the other hand, a will nominates someone to take over as a personal representative when you pass away, but they can only gain power over your estate after a probate action is filed in court. Lile recommends trusts to avoid probate, and mentions the use of a poor overwill as a backup plan. Read more »