McAlester Estate Planning Lawyers Will Provide You with Estate Planning Options
When a loved one dies, those left behind are given the task of discharging debts and administering the decedent’s estate. Writing a will or establishing a trust is a way of ensuring that your assets will be preserved and your loved ones will be provided for in the event of your death. Both wills and trusts can make your intentions for asset and property distribution clear; without a will, the state of Oklahoma will decide how and to whom your estate is distributed.
Experienced estate planning attorneys at Konsure Law Firm are prepared to give you advice on:
- Simple Wills
- Pour-over wills and trusts
- Living trusts
- Powers of attorney
- Healthcare directives
- Living wills
- Allocation of insurance and retirement proceeds
- Structuring of gift programs
- Estate and trust administration
- Probate
McAlester Probate Attorneys
Probate is the process of establishing the validity of a will and appointing a personal representative for the estate. Depending upon the value of the assets involved, a probate hearing may be required to appoint the personal representative.
If a decedent passed away without a will, probate is almost always necessary and can prove to be quite complicated. Without a will, any relative, friend, or creditor can petition the court to serve as the executor of the decedent’s estate, and the state will determine property and asset distribution during the probate process.
There are ways that probate may be avoided or reduced, and our attorneys can advise you regarding potential options such as:
- Living trusts
- Joint tenancy
- Beneficiary designations
- Lifetime gift arrangements
- Joint accounts
- Multiple-party accounts
- Pay-on-death and transfer-on-death accounts
For Effective Counsel Call or Contact the Konsure Law Firm today
If you are looking for competent legal advice concerning estate planning in McAlester, Oklahoma, contact the Konsure Law Firm online or call (918) 426-0700 to schedule an initial consultation. Please call today.
