Give Yourself a Christmas Gift

You can give yourself a big Christmas present this holiday season if you take the time to design and implement a tax plan. Don’t delay, if you don’t implement your plan prior to January 1, 2017 it will be too late.  Here are ten (10) year-end tax planning strategies for you to consider: 1. Accelerate your […]

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Estate Plan – Do You Need One?

Often I get the question, “Do I really need an estate plan?”  This question comes from young people, people with modest asset levels and people with a “who cares, I will be dead attitude”.  The answer to the question is WE ALL NEED AN ESTATE PLAN.  The latest surveys show that only 55% of Americans […]

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Don’t Go Broke in The Nursing Home

Did you know the cost of nursing home care in Oklahoma is $5,000 to $6,000 per month, per person?  The prescription medications per person for persons in a nursing home is $500 to $1,000 per month.  The total cost of long-term care can easily cost from $60,000 to $80,000 per person.   There are legal […]

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Can You Make Decisions for Your Children?

You may be aware that when your children turn 18 they are no longer minors but did you know you no longer legally have the authority to make their medical or financial decisions.  Often when children are in college they still need and want their parents assistance with medical and financial decisions. We recommend you […]

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Want to Give the Kids an Early Inheritance? 4 Things to Consider

If you’re thinking about giving your children their inheritance early, you’re not alone. A recent Merrill Lynch study suggests that these days, nearly two-thirds of people over the age of 50 would rather pass their assets to the children early than make them wait until the will is read. It can be especially satisfying to fund […]

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What To Do When a Disability Throws Your Estate Plan Into Chaos

As poet Robert Burns mused centuries ago, “The best-laid plans of mice and men often go awry.” Despite thoughtful effort and a concerted strategy, you cannot prepare for every emergency. A car accident, sudden illness, workplace injury or chronic medical condition can force you to re-evaluate the core assumptions you used to plan your future […]

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10 Types of Trusts: A Quick Look

Considering the myriad of trusts available, creating an estate plan that works can seem daunting. However, that’s what we, as estate planning attorneys, do every day. We know the laws and will design a plan which addresses your specific situation. Here’s a look at the basics of ten common trusts to provide a general understanding.

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