Estate planning can spare unnecessary heartache, stress, and legal costs
When someone doesn't have a will or estate plan, the estate goes through a process called “probate.” The courts then become responsible for distributing assets and settling debts. For large estates or complicated circumstances, this process can take years and cost hundreds of thousands of dollars in legal fees.
Uninsured/Underinsured Motorist Coverage- Is It Really Necessary?
A new study shows that one in four drivers in Oklahoma are on the road and carry no liability insurance (the highest number of uninsured in the Country.) Over half the drivers in Oklahoma either have no insurance or the bare minimum coverage. While the legislature is passing laws that have stiff penalties for not carrying insurance, it is not going to help get your medical bills or lost wages.
Special Rules for Falls that Happen at Casinos
Injuries that take place at a casino require claims to be filed in tribal court and have many special rules about pursuing the claim.
Simple Steps to Avoid Probate
What are the three most common assets in an estate? Generally, a house, car(s), and bank account(s). With all three of these assets, there are ways to transfer them upon death without the need to open a probate.
Planning Ahead: Advanced Directives
An advance directive, also known as a Living Will, is a document that informs healthcare providers as to the type of treatment you wish to receive for various end-of-life situations that render you unable to make treatment decisions.
Oklahoma Uninsured Motorists
Did you know that Oklahoma is the #1 state in the country for uninsured motorists? In 2012, 25.9% of Oklahoman drivers were uninsured. However, there is another problem surfacing in Oklahoma that causes concern for those drivers who are properly insured.