Enjoy this short video from the History Channel that provides some little-known factoids about the Fourth of July!   … [Read more...]

Oklahoma elder law attorneys provide help to seniors in making plans to take advantage of benefits available to them. Many people will require more support and assistance as they get older, especially if they wish to try to continue living independently. Parman & Easterday can help those who are aging understand what benefits are available and ensure they are able to qualify for means-tested benefits such as Medicaid.  While Medicaid may be necessary to pay for costly care that seniors … [Read more...]

A revocable living trust is a trust you create and manage during your lifetime. There are many reasons why you may wish to create a revocable living trust, but it is important that you make sure this trust will provide the benefits and protections you expect.  You also want to make sure this trust is the most appropriate one for you to create. Parman & Easterday can help. Our Overland Park trust lawyers will discuss your goals regarding a trust and help you review the different kinds of … [Read more...]

Guardianship and/or conservatorship could become necessary if a person who doesn't have an incapacity plan becomes sick or hurt. The injury or illness could leave you temporarily unable to explain how your assets and financial affairs are to be managed. If you cannot express your wishes or take care of your investments and wealth, someone needs to act for you. Unless you have an incapacity plan, guardianship or conservatorship may be the only option for someone to gain authority to manage your … [Read more...]

When creating a trust, you cannot afford to make errors and invalidate the trust. You do not want to lose the protections and benefits the trust should provide. Unfortunately, mistakes are made all the time that result in the trust not providing the required advantages you hoped to realize. Parman & Easterday can help you avoid common errors in creating a trust and in making sure you select the right type of trust to accomplish your goals. We assist with all aspects of trust planning and … [Read more...]

If you are concerned about the protection of your wealth, you may be interested in learning about asset protection trusts. There are different kinds of trusts you can create to provide protection for your money and property. Parman & Easterday can provide assistance in understanding trust laws and in making smart choices about the asset protection strategies to use.  Creating effective and legally-valid asset protection trusts is complicated, especially as trust law requires you to follow … [Read more...]

Creating a durable power of attorney is important if you want to be in charge of what happens should you become incapacitated. No matter your age, there is always a risk that something could happen and you become unable to speak for yourself in a medical situation. There is also a risk that you could suffer a physical or mental illness that renders you incapable of managing your personal and financial affairs. If something happens to you, the courts will decide your fate IF  you have not … [Read more...]

Everybody wants to be saving for retirement, most of us do not know where to start. IRAs are a powerful tool that can help you to jump-start your retirement savings. For most using an IRA is a great option. An IRA can provide tax savings and opportunities for diversified investing. The specifics: There are two types of IRAs. Traditional IRAs are funded with pre-tax money. Roth-IRAs are funded with after-tax money. Since the Roth-IRA is funded with after-tax money withdraws from a … [Read more...]

State laws of Inheritance determine what happens to your property when you die without a will or trust. These laws impact how you transfer assets, to whom, when, and what taxes, if any, will be paid when the property and wealth passes to the new owners. You need to understand how these inheritance laws work so you use the right legal tools to achieve your goals for leaving your legacy. Parman & Easterday provides assistance with all legal matters related to inheritance. Give us a call as … [Read more...]