Preparing for the Future
Trying to honor your family’s wishes and make sure they will be taken care of in the case of your death or incapacitation may be quite difficult. As he helps you create an estate plan that outlines your final desires and satisfies your objectives of supporting your family in the event of your death or incapacitation, Margarett L. Prestidge, an estate planning attorney in Tulsa, focuses on your goals and wants.
Ms. Prestidge uses her many years of experience in wills, trusts, probates and estate planning, to guide every client through the estate planning process and make sure their objectives are fulfilled. Oklahoma Will & Trust wants to assist each client in creating and carrying out the estate plan that works best for them, from evaluating their financial situation and aspirations to showing and educating them about the different kinds of estate planning tools and possibilities.
Estate Planning in Tulsa for All Life Stages
Contrary to popular belief, estate planning is not just for people who are preparing for retirement or who have sizable estates. We create estate plans for many different types of clientele, such as newlyweds, young families with kids, mixed families, elderly people, retirees, company owners, and many more. Regardless of age, income, or financial situation, estate planning is a crucial financial tool for everyone.
What Services Can An Estate Planning Lawyer in Tulsa Provide?
By the process of estate planning, you can achieve a number of financial objectives, such as:
- In case you become handicapped and are unable to handle your finances, make sure your loved ones are taken care of.
- Decide what kind of personal care or health care you want and who will make those decisions in the event that you become disabled.
- How your assets are going to be handled both during and after your life.
- When and how your assets may be transferred to heirs or beneficiaries both during and after your life.
- How your last will and testament will be managed and dispersed after your passing.
Many individuals erroneously believe that creating a final will and testament is the only aspect of estate preparation; in reality, estate planning entails much more. An experienced Tulsa estate planning attorney is beneficial to all individuals and families, even though a proper estate plan is customized to the individual and family’s level of wealth and assets.
An estate planning lawyer can assist you in creating a plan not just for your own death but also for the case that you become unable of making decisions for yourself due to a sickness, accident, or advanced age. A health care proxy (also known as a medical power of attorney) and powers of attorney (such as limited, durable, and other types) are standard estate planning tools that the attorney will go over with you. With these kinds of estate planning paperwork, you can choose a reliable agent to handle financial and medical choices on your behalf in the event that you are unable to do so for yourself.
Along with reviewing how you now hold title to your assets, your Tulsa estate planning attorney can go over a number of possibilities that may be beneficial to you and your heirs. Before making any changes that will impact you and your heirs, you should weigh the benefits and drawbacks of changing how you hold title. This is a complicated and occasionally dangerous issue, so you should consult with an expert estate planning lawyer like Margarett L. Prestidge. For a more in-depth discussion of estate planning, call (918) 876-4500 to speak with a Tulsa estate planning attorney.
The advantages and potential drawbacks of employing trust agreements as a sophisticated estate planning strategy to support your family during your lifetime and beyond will also be covered by your lawyer. Another crucial instrument that can be utilized to achieve specific objectives for the person is a trust agreement. For example, you can use a trust agreement to provide for a child with special needs both during your lifetime and after your death.
Speak with a Tulsa Estate Planning Attorney with Experience
Call Oklahoma Will & Trust when you need the assistance of an estate planning lawyer who can manage any kind of circumstance. Attorney Margarett L. Prestidge is an accomplished Tulsa estate planning lawyer who is knowledgeable with Oklahoma probate rules. Additionally, he is aware of the delicate and sentimental matters of estate planning.
For a low-cost consultation regarding the best strategy for safeguarding your legacy, get in touch with a knowledgeable Tulsa estate planning attorney right now. Contact (918) 876-4500 to arrange for a complimentary consultation.