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Parman & Easterday

Oklahoma Estate Planning Attorneys

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Home » healthcare

healthcare

Larry Parman’s Brother, A Medical Doctor, Survives COVID-19 and Shares Important Lessons Learned in This Interview

April 18, 2020 by Larry Parman, Attorney at Law

… [Read more...] about Larry Parman’s Brother, A Medical Doctor, Survives COVID-19 and Shares Important Lessons Learned in This Interview

Filed Under: Uncategorized Tagged With: Advance Health Care Directives, Covid-19, education, healthcare

Retirement is Complicated

May 15, 2018 by Larry Parman, Attorney at Law

Many factors go into retirement decisions. This article examines many of those factors, such as where to retire, access to healthcare, income taxation, estate taxation, property taxation, etc. This article includes many links to helpful lists. Retirement is Complicated … [Read more...] about Retirement is Complicated

Filed Under: Estate Planning, Legal Education Tagged With: Estate Planning, healthcare, retirement, Taxes

Understanding Estate Planning – Debts Left by the Deceased

August 6, 2015 by Larry Parman, Attorney at Law

A common fear many convey to their estate planning attorney is the concern that their family will have to pay the debts they leave behind. While this is important to consider and understand, generally your family will not be forced to repay any debts you leave behind. To understand why, you need a basic understanding of the process that follows death, and the status of debts left behind by the deceased. Debt and Your Estate Once you die, all property and legal issues you leave … [Read more...] about Understanding Estate Planning – Debts Left by the Deceased

Filed Under: Uncategorized Tagged With: healthcare

Financial Steps to Take When You Find Out You’re Pregnant

March 10, 2015 by Larry Parman, Attorney at Law

Learning that you are pregnant is a wonderful, joyful time, but also one that can lead to a lot of stress. When you realize that you are going to become a parent, whether it is for the first time or not, you will naturally start to worry about the future. Will your child be healthy? Will any complications arise during the pregnancy? And what about your child's financial future? Will you be able to adequately prepare for the financial realities surrounding pregnancy, childbirth, and the … [Read more...] about Financial Steps to Take When You Find Out You’re Pregnant

Filed Under: Uncategorized Tagged With: healthcare

What NOT To Do When A Trust Is The IRA Beneficiary

February 3, 2015 by Larry Parman, Attorney at Law

In a Private Letter Ruling (PLR ) on June 20, 2014, the IRS ruled that a surviving spouse who received proceeds from her deceased husband’s IRA through a trust could not roll over the IRA funds because more than 60 days had passed since their receipt.  The PLR tells us what not to do when a trust is the beneficiary of an IRA. “Ben’s” IRA named a trust as beneficiary of his IRA. The trustees were his two children. Ben’s wife “Ann” was to receive 25% of the IRA. After Ben died, the … [Read more...] about What NOT To Do When A Trust Is The IRA Beneficiary

Filed Under: Estate and Inheritance Taxes in Kansas, Probate Questions in Oklahoma Tagged With: healthcare, Living Wills

Common Questions About Insolvent Estates and Who Has to Pay For Them

January 20, 2015 by Larry Parman, Attorney at Law

Sometimes when a person dies in Kansas or Oklahoma, that person leaves behind an insolvent estate. In this situation, the deceased person's family members often have a lot of questions about the debts left behind. Many people want to know, for example, if they, as a relative of the deceased, will be responsible for paying any unpaid debts. Even though this concern is common, it is rarely a significant issue. To help explain why this is true, let's take a look at insolvent estates and what … [Read more...] about Common Questions About Insolvent Estates and Who Has to Pay For Them

Filed Under: Uncategorized Tagged With: healthcare

Stretching Your IRA for the Next Generation

July 21, 2014 by Larry Parman, Attorney at Law

As traditional pension plans have largely been eliminated in recent decades, it is very common for people to have a large portion of their financial wealth held in an Individual Retirement Plan (IRA).  Naming a trust as the beneficiary of an IRA can reduce the chances of probate and ensures the IRA is covered by the protections built-in to the trust. But did you know that you can also require that the IRA distributions be stretched over the lifetime of a beneficiary? We often use … [Read more...] about Stretching Your IRA for the Next Generation

Filed Under: Uncategorized Tagged With: healthcare, Living Wills, Reverse Mortgages

Discover A Top Business Killer Rarely Thought About and the 7 Keys To Avoiding It

March 13, 2014 by Larry Parman, Attorney at Law

There are a lot of reasons businesses fail, but there is one major reason that most business owners rarely think about and even more rarely plan for. Join Parman & Easterday attorneys Blaine Peterson and Jerry Shiles as they discuss this top killer of businesses and the 7 keys to avoiding it. To Learn More About Smartly Protecting Your Business and Family In The Long-Run, Claim Your FREE Report by copying and pasting this URL into your browser: … [Read more...] about Discover A Top Business Killer Rarely Thought About and the 7 Keys To Avoiding It

Filed Under: Guardianship Tagged With: Elder Financial Abuse, executor disputes, Free Estate Planning Reports, healthcare, intestacy in oklahoma city oklahoma, special needs trust in oklahoma city

Lessons from the Estate of Charity Icon and Millionaire, Brooke Astor

October 7, 2013 by Larry Parman, Attorney at Law

In May 2012, the $185 million estate of New York socialite and philanthropist Brooke Astor was finally closed.  The Court approved a settlement ending a civil case between Astor's descendants and the charities she supported in her will. … [Read more...] about Lessons from the Estate of Charity Icon and Millionaire, Brooke Astor

Filed Under: Guardianship Tagged With: Financial Planning, Free Estate Planning Reports, healthcare, Social Security, SSI

Things You Should Discuss With Your Spouse Before You Retire

September 25, 2013 by Larry Parman, Attorney at Law

Do you have a vision for your retirement?  If so, good.  Now, does your spouse share that vision?  If yes, even better.  If no, you may be headed for trouble.  We find spouses often disagree about key retirement details and it’s crucial you sit down and work out a plan together you can both accept. … [Read more...] about Things You Should Discuss With Your Spouse Before You Retire

Filed Under: Uncategorized Tagged With: avoiding probate, Charitable Remainder Unitrust, healthcare, Reverse Mortgages

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