While taking care of the financial aspects is certainly a big part of holistic estate planning, it is also important to cover all your bases on the healthcare front.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

We have a lot of opportunity here in the United States, and many people take advantage of this by starting their own small business.

Of course, your first objective when you go into business is going to be to become profitable. Because of this immediate goal, you may not be thinking long-term at first; and when you are first getting started, how you’re going to exit the business may be the last thing on your mind.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

In the field of estate planning, there are a number of different types of wills that are routinely utilized. Of course, the most commonly understood will is the Last Will. This document, which was once typically referred to as a “Last Will and Testament,” is utilized to express your wishes regarding how you would like your resources to be distributed after your death.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

One of the misconceptions that many people harbor is that they don’t need an estate plan because they would be okay with their next of kin assuming ownership of their assets. It’s the “let them worry about it” approach.  This is a bad decision for a number of different reasons.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

Contrary to what you may believe, your estate plan is not something that you stick into a time capsule and forget about. The initial estate plan that you devise is going to reflect your life situation as it existed at the time you created this plan.  All you can hope to do is to make your estate planning decisions based on how you felt at the time.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

When you make plans for the future, you generally do so with the anticipation that you will be the person who benefits from your actions. Estate planning is different in this regard because the plans that you make are made for the well-being of your family members.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

We’ve all seen characters depicted in movies and television shows who were born with “silver spoons in their mouths.”  Some of them develop character traits that are not especially pleasing.  You may know some of these people in real life as well.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

In most cases, the least expensive way to arrange for the transfer of assets to your loved ones is to execute a simple last will.  However, only executing a simple last will would also ignore a number of other factors.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

Aside from the last will, there are other wills typically used in estate planning.  We will take a look at a few of them here.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

You will often hear Oklahoma City estate planning attorneys talk about how important it is not to procrastinate when it comes to making preparations for the future. While it is true that the average lifespan exceeds 78 years right now, that does not mean that you should wait until you are about 75 to put an estate plan in place.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.