Minor Trusts in Oklahoma City
Control How & When Your Child Receives an Inheritance
A minor trust lets you decide when your child receives an inheritance and how those assets may be used during childhood. As the settlor, or person creating the trust, you can choose a release age or set criteria such as graduation. At McBride & Associates, P.C., we help parents create trust terms that reflect their children’s needs and their own priorities.
Before the final distribution, the trustee can use trust property for authorized expenses such as school, housing, and medical bills. This structure can serve families with estates of any size. The central question is whether you want to leave clear instructions for managing your child’s inheritance.
We consider how a minor trust fits with the rest of your plan, including:
Call (405) 896-3615 to discuss a trust for your minor child and the decisions your plan should address.
Personalized Guidance for Oklahoma City Families
Founding attorney L. David McBride advises clients on trusts and wills, business planning, probate and estate administration, and bankruptcy. This range of experience is valuable when an inheritance plan involves personal assets, business interests, existing wills, or questions about estate administration.
Established in 1996, our firm provides effective, compassionate, and personalized counsel. We take time to understand what you want your child’s inheritance to accomplish and which concerns the trust instrument should address.
We treat clients with dignity and respect throughout the planning process. We don’t pass files to inexperienced junior associates, so parents can discuss important decisions with seasoned legal counsel and receive guidance grounded in their family’s circumstances.
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"I have had nothing but excellent experiences with the law firm of McBride & Associates."
I have had nothing but excellent experiences with the law firm of McBride & Associates. McBride & Associates has helped my family and extended family with many legal situations including estate planning, an auto accident, and dealing with prior creditors. I have known David McBride for years and he is very knowledgeable and not only a great attorney but someone who truly cares. I never would want anyone else representing me but David and his staff!- Darrell -
"Thank you, David and Jay for all that you did for us."
I highly recommend David McBride for his legal services. My family hired David for our first bankruptcy case. My Husband and I have been very, very satisfied. Not only does he possess immense patience and compassion, but is also very intelligent and well spoken. From the moment I spoke with him, I knew that he was there to look out for his clients' best interest rather than his own. I've heard my share of lawyer horror stories and have always been very cautious when approaching them. I am ecstatic that we were able to find a lawyer who is motivated by sound ethics, as they are often very difficult to come by. I highly recommend David McBride. I also want to say a huge thank you to Jay, Mr. McBride's Legal Assistant. He helped to make sure that we had everything we needed and made sure that everything was taken care. Thank you, David and Jay for all that you did for us.- Zane -
"If I ever need additional legal assistance, David McBride will be the first attorney I turn to."
David McBride is an excellent attorney. I cannot thank him enough for putting me at ease and for resolving my legal problems.On occasion when I needed to contact him and he was not available, his staff were amazingly helpful, and David promptly followed up with me even though his staff had already addressed my concerns. If I ever need additional legal assistance, David McBride will be the first attorney I turn to.- Leslie -
"Excellent services provided."
Excellent services provided....David and his staff did a great job with our personal and business needs. Highly recommend McBride & Associates!- Ted -
"David has been great to me and my family."
David has been great to me and my family. We have used his services since 2005. He has helped us with Trusts and LLC's. He put our business into a series LLC before most attorney's even knew what a series LLC was. Thanks for all your help!- Mike -
"Great group of professionals."
From the receptionist to the completion... Great group of professionals that "listen to your story and design a plan to meet your needs!"- Sherilynn -
"We cannot thank you enough, David McBride."
My wife and I have a "blended" family. We reached out to McBride and Associates to build an estate plan that would benefit our entire family and be "fair" to all parties...that sounds dry and hum-drum...but we wanted to be able to take out all of the drama and mystery of dividing up our estate after our (very much hopefully in the distant future) death. Their team put together a plan that works for everyone. We can not thank you enough, David McBride.- Robert -
"You'll be in good hands here."
Mr. McBride knows estate planning inside and out, and it helps that he makes the process so easy for his clients. You'll be in good hands here.- Hans
Our Process for Creating Trusts for Minor Children
Creating a minor trust begins with understanding the family and property the plan must serve. During the initial consultation, we review your family structure, assets, and existing planning documents. We also discuss who may be suited to manage the trust property and what standards should guide distributions.
Choosing Planning Tools & Preparing the Draft
A trust may be one part of a broader plan. We discuss tools that may include revocable trusts, transfer-on-death deeds, and beneficiary designations. The right combination depends on how assets are owned, who should receive them, and whether existing designations support your intentions.
After this discussion, we prepare a draft that reflects your decisions. You can then examine the proposed trustee provisions, distribution instructions, and relationship between the trust and your other documents.
Walking Through the Documents
Before signing, we walk through the documents with you. This gives you time to understand how the plan is structured and ask questions before it’s finalized. These choices have lasting consequences, so we focus on clarity rather than rushing the signing process.
A Minor Trust Shaped Around Your Family
No single distribution age or trustee arrangement fits every family. We consider your child’s age, the assets involved, your chosen decision-makers, and any conditions you want attached to the inheritance. We can also discuss whether funds should remain available for your child’s needs before they receive direct control.
Our attorneys draw on more than 30 years of legal experience while taking a personalized approach to each plan. We provide compassionate guidance because these decisions involve the people and property that matter most to you.
A trustee must be able to follow the trust terms, manage property, and make permitted distributions. We help you examine those responsibilities and create instructions aligned with your inheritance goals.
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Handled Thousands of Cases
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Experienced in Both Consumer and Business Bankruptcy
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Offer Free Initial Consultation*
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Helping Clients Since 1996
Build a Clear Plan for Your Child’s Inheritance
Schedule a free initial case evaluation to discuss release ages, trustee selection, and the role a minor trust may play in your estate plan. Bring your existing documents and questions so we can begin with a clear picture of your family and assets.
Call (405) 896-3615 to speak with McBride & Associates, P.C. about creating a minor trust in Oklahoma City.
We have been guiding clients through Consumer and Business Bankruptcy for more than 30 years. Sit down with one of our bankruptcy attorneys to learn how we can help you too.