Oklahoma City Estate Planning Attorney

What Is Estate Planning?

Many people mistakenly believe Estate Planning is only for the elderly or the wealthy. Not true! Everyone needs Estate Planning, because everyone has an “estate" if they own property.

Your estate includes everything you own, from personal property (clothes, furniture, cars) to insurance policies to real estate (your home, oil & gas interests, etc. ), and maybe even a business that you own.

Our Oklahoma estate attorneys can assist with the following:

• Wills
• Trusts
• Powers of Attorney
• Healthcare Directives
• Probate

Who Needs Estate Planning?

Again, well, everyone! Estate Planning is how you go about protecting and benefitting the ones that you love. It's the way that you ensure that things get done the way that you wish, even if you are no longer around to watch over those things.

A thorough and comprehensive Estate Plan need not be complicated or expensive in order to achieve your goals. Sure, a person with a great deal of assets, high net worth, a business, or other complex issues might very well need a more extensive estate plan. But everyone is different, so a well-designed plan will need to be “custom-fit” for your needs.

The Oklahoma estate attorneys at McBride & Associates will help you design a thorough and comprehensive Estate Plan that is perfect for you and your family.

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Looking for estate planning in Oklahoma law firms? Contact McBride & Associates, P.C. online or call (405) 896-3615. Our estate planning attorney in OKC can help.

What Are the Benefits of Estate Planning?

The most important benefit of a good Estate Plan is to allow you to remain in control. Your Plan allows you to decide who will be your fiduciaries (the persons who handle your estate) and beneficiaries (who will receive your estate assets).

What Happens if I Don't Have an Estate Plan?

If you don't have a good estate plan when you become incapacitated or pass away, Oklahoma law (not you!) will determine who and how things will be handled. While Oklahoma law provides a marginally adequate set of rules to handle your affairs, there are problems.

Our state laws will serve as a sort of default of how and when your affairs will be handled, if you don't ever write down your wishes in proper way. Unfortunately, this default system, compared to a good estate plan, is often more complicated, much slower to complete, and far, far more expensive. Worse yet, the Oklahoma default rules may not fit your wishes at all!

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Don't just assume things will automatically work out the way that you want. This is especially true for married couples who frequently, and wrongly, assume that one spouse will get the benefit of the entire estate should the other become ill or pass away. This is a dangerously wrong assumption that could lead to disaster.

Our Oklahoma estate attorneys at McBride & Associates will educate you about the process, help you decide what is best for you, and ensure that your goals are met.

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How to Make a Will in Oklahoma

Things to plan before creating a will:

1. Choose which property will be included in your will.
2. Determine who will inherit your property.
3. Decide who your executor will be -- they will handle your estate and ensure that your property goes to the correct beneficiaries.
4. If you have children, choose guardians for them.
5. Pick someone who will manage the property of your children.

Ensure that all of your property, beneficiaries, and potential estate disputes are considered when you work with a skillful Oklahoma estate attorneys at McBride & Associates, P.C.. To learn more, visit our Wills Page or contact us today.