• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Parman & Easterday

Oklahoma Estate Planning Attorneys

Call Now: (405) 843-6100 |
(918) 615-2700

Attend an Education Program-Oklahoma City Area Attend An Education Program in the Tulsa Area
  • Home
  • Our Firm
    • About Our Firm
    • Attorney and Staff Profiles
    • What Our Clients Say
  • Estate Planning
    • Asset Protection
    • Business Succession Planning
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Financial Planning Assistance
    • IRA and Retirement Planning
    • Legacy Planning
    • LGBTQ Estate Planning
    • Pet Planning
    • Powers of Attorney
    • Probate
    • SECURE Act
    • Special Needs Planning
    • Trust Administration and Probate
    • Young Families
  • Elder Law
    • Coping With Alzheimer’s
    • Elder Law
    • Emergency Medicaid
    • Guardianship & Conservatorship
    • Hospice Care
    • Medicaid Planning
    • Veteran’s Benefits
  • Resources
    • Asset Protection Worksheet
    • DocuBank
    • Elder Law
      • Elder Law & Medicaid Definitions
      • Elder Law Reports
      • Elder Law Resources
        • Edmond Elder Law
        • Oklahoma City Elder Law
        • Yukon Elder Law
      • Medicaid
      • Nursing Home Resources
    • Estate Planning
      • An Overview of Estate and Gift Taxes
      • Estate Planning Checkup
      • Estate Planning Definitions
      • Estate Planning Reports
        • Advanced Estate Planning
        • Basic Estate Planning
        • Estate Planning for Niches
        • Trust Administration
      • Incapacity Planning Definitions
      • Is Your Estate Plan Outdated?
      • Top 10 Estate and Legacy Planning Techniques
    • Free Estate Planning Worksheet
    • Frequently Asked Questions
      • Alzheimer’s Frequently Asked Questions
      • Asset Protection Planning
      • Estate Planning
      • Elder Law
      • Frequently Asked Questions for Families Without an Estate Plan
      • Inheritance Planning for Minors
      • IRA and Inheritance Planning
      • Legacy Wealth Planning
      • LGBTQ Estate Planning
      • Medicaid Planning
      • Nursing Home Asset Protection
      • Probate
      • Trust Administration
      • Trust Administration & Probate
      • Wills and Trusts
    • Micro Webinar – Wills
    • Newsletters
    • Probate and Trust Administration
      • Bereavement Resources
      • How to Know if You Need Extra Help With Your Grieving
      • Loss of a Loved One
      • Probate Checklist
      • The Mourner’s Bill of Rights
      • Things You Need To Do When a Loved One Passes Away With a Trust
      • Things You Need To Do When a Loved One Passes Away With a Will
      • Trust Administration & Probate Definitions
    • Probate Resources
      • Midwest City Probate
      • Moore Probate
      • Oklahoma City Probate
    • Published Books
    • Pre Consultation Form
  • Communities We Serve
    • Edmond
    • Midwest City
    • Moore
    • Norman
    • Oklahoma City
    • Owasso
    • Tulsa
    • Yukon
  • Reviews
    • Our Reviews
    • Review Us
  • BLOG
  • Contact Us
Home » BLOG

BLOG

Gen X – This One’s for You (Really Every Generation Should Read This)

September 20, 2023 by Courtesy of Parman and Easterday

As the Baby Boomer Generation retires and eventually dies, the greatest transfer of wealth will occur and according to many sources, it will dwarf any prior wealth transfer. This transfer gives those anticipated to inherit the wealth a great opportunity to open the lines of communication with their families to plan for the shift that has already started. Read on to learn more. … [Read more...] about Gen X – This One’s for You (Really Every Generation Should Read This)

Filed Under: Estate Planning, Legal Education

Understanding IRA Inheritance Planning: Key Considerations

September 14, 2023 by Larry Parman, Attorney at Law

IRA inheritance planning

For retirement-focused individuals, the individual retirement account (IRA) serves as a key strategy. These accounts provide an invaluable pool of resources during retirement. However, there may be instances when you don't need immediate access to these funds. In such cases, your IRA can form a crucial part of your estate plan. This article elaborates on important aspects of IRA inheritance planning, focusing on the two popular types of accounts: traditional and Roth IRAs. Unpacking … [Read more...] about Understanding IRA Inheritance Planning: Key Considerations

Filed Under: Estate Planning Tagged With: estate planning details, IRA inheritance planning, SECURE Act 2.0

What We Can All Learn from Diller v. Richardson – Part II

September 13, 2023 by Courtesy of Parman and Easterday

Clients create Estate Plans to work in a certain way. They raise their concerns with the drafting attorney and a qualified Estate Planning attorney includes safeguards to ensure that the plan works as intended and desired yet contains provisions flexible enough to change if circumstances require a change. Almost all of us have read or heard of cases in which the plan did not work as intended and litigation ensured. In fact, we often read about them in the news. The Diller v. Richardson case … [Read more...] about What We Can All Learn from Diller v. Richardson – Part II

Filed Under: Estate Planning, Legal Education

Irrevocable Trust Decanting Provides Flexibility

September 12, 2023 by Larry Parman, Attorney at Law

irrevocable trust decanting

Estate planning is a pivotal process that ensures the seamless transition of wealth and assets to the next generations. Irrevocable trusts have grown increasingly popular within estate planning for their ability to safeguard assets and limit tax liabilities. Nevertheless, changes in circumstances or evolving legal conditions may warrant adjustments to these seemingly unalterable trusts. Here's where "decanting" steps in. Decanting is a process empowering trustees to shift assets from one … [Read more...] about Irrevocable Trust Decanting Provides Flexibility

Filed Under: Estate Planning Tagged With: advanced estate planning, irrevocable trust decanting

Inheritance Planning Solution for a Spendthrift Heir

September 7, 2023 by Larry Parman, Attorney at Law

living trust spendtrift provision

Many people are under the impression that a last will is the most simple and efficient estate planning tool. They assume that trusts are only useful for very wealthy individuals that have complex inheritance planning concerns. In reality, the administration of a will is actually quite complicated. However, you can create a type of trust that benefits people who are not among the financial elite. Probate Process When it comes to the complications, the process of probate is the culprit. If … [Read more...] about Inheritance Planning Solution for a Spendthrift Heir

Filed Under: Estate Planning Tagged With: living trust, spendthrift protection planning

What We Can All Learn from Diller v. Richardson

September 6, 2023 by Courtesy of Parman and Easterday

Clients create Estate Plans to work in a certain way. They raise their concerns with the drafting attorney and a qualified Estate Planning attorney includes safeguards to ensure that the plan works as intended and desired yet contains provisions flexible enough to change if circumstances require a change. Almost all of us have read or heard of cases in which the plan did not work as intended and litigation ensured. In fact, we often read about them in the news. The Diller v. Richardson case … [Read more...] about What We Can All Learn from Diller v. Richardson

Filed Under: Estate Planning, Legal Education

Is There a Difference Between an Estate Tax and an Inheritance Tax?

September 5, 2023 by Larry Parman, Attorney at Law

inheritance tax

People are sometimes confused about the way that taxes can impact inheritances. Most folks have heard of the terms “inheritance tax and “estate tax,” and many harbor some misconceptions about them. The first one is the assumption that these are two ways of describing the same tax. This makes total sense on the surface, but in fact, they are two different forms of taxation. Tax Mechanics An estate tax would be applied to the total taxable portion of an estate before it is transferred to the … [Read more...] about Is There a Difference Between an Estate Tax and an Inheritance Tax?

Filed Under: Estate and Inheritance Taxes in Oklahoma Tagged With: Estate tax, inheritance tax

DIY Estate Planning: Why Take the Risk?

August 31, 2023 by Larry Parman, Attorney at Law

DIY estate planning

Planning your estate is a complex and vital task involving critical decisions about your assets' management and distribution. While the prospect of using online resources or DIY estate planning kits might seem appealing, the DIY approach poses significant dangers and pitfalls. In this article, we'll highlight the risks of DIY estate planning and underscore the importance of hiring a seasoned estate planning lawyer. Such a professional can protect your interests and guarantee a thorough and … [Read more...] about DIY Estate Planning: Why Take the Risk?

Filed Under: Estate Planning Tagged With: DIY estate planning, estate plan mistakes, Wills and Trusts

R-E-S-P-E-C-T Find Out What It Means To…Your Estate Plan

August 30, 2023 by Courtesy of Parman and Easterday

Individuals often have reservations about seeking out an attorney’s help with their Estate Plan. Sometimes they worry about the cost, other times they think that they can do it on their own, and sometimes they die before the thought of creating an Estate Plan ever crosses their mind. Unfortunately, the issues that arise from a lack of proper Estate Planning on death don’t care who we are. As this blog demonstrates, even celebrities struggle with creating a comprehensive Estate Plan. Read on to … [Read more...] about R-E-S-P-E-C-T Find Out What It Means To…Your Estate Plan

Filed Under: Estate Planning, Legal Education

Oklahoma City Long-Term Care Costs Are On The Rise

August 29, 2023 by Larry Parman, Attorney at Law

long-term care costs

Everyone is aware that you can decide how you want your assets to be distributed after your passing when you create an estate plan. At the same time, wealth preservation is another part of the equation if you want to maximize the legacy that you will be able to pass on to your loved ones. Nursing Home Expenses There is a major expense looming, and many people do not think about it until it is too late. Over one third of senior citizens will spend the end of their lives a nursing homes … [Read more...] about Oklahoma City Long-Term Care Costs Are On The Rise

Filed Under: Elder Law Tagged With: long-term care costs, Medicaid planning, Medicaid trust

  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Interim pages omitted …
  • Go to page 138
  • Go to Next Page »

Primary Sidebar

Parman & Easterday, LLP

SUBSCRIBE TO OUR BLOG

Follow Us

  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube

Where We Are

OKLAHOMA CITY, OK
13913 Quail Pointe Drive, Suite B
Oklahoma City, OK 73134
Phone: (405) 843-6100
Fax: (405) 917-7018

MAP

parman_sidbr_map

Where We Are

TULSA, OK
Memorial Place 7633 E. 63rd Place Suite 312
Tulsa, OK 74133
United States (US)
Phone: (918) 615-2700

MAP

parman_sidbr_map

Footer

footer-logo

The information on this Oklahoma Law Firm website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

Oklahoma City Estate Planning Attorneys at Parman & Easterday offer estate planning services in the Oklahoma City, Oklahoma and surrounding areas. Contact us for help today.

Privacy Policy | Contact Us | Disclaimer | Site Map | Powered by American Academy of Estate Planning Attorneys


© 2023 American Academy of Estate Planning Attorneys, Inc.
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube