Creating a comprehensive and cohesive estate plan is the most precious gift you can give to yourself and your loved ones. Given the importance of your estate plan, choosing the right estate planning attorney to help you create that plan should be given considerable thought and care. At Parman & Easterday we understand how difficult choosing an attorney can be, particularly given the highly personal and sensitive nature of estate planning. If you are a resident of Midwest City, Oklahoma we invite you to sit down with us and discuss your estate planning needs and goals and we hope to ultimately develop a lifelong relationship with you that will further those goals.
Midwest City, Oklahoma
Covering approximately 25 square miles, Midwest City is located in Oklahoma County, Oklahoma and was home to 54,371 residents as of the 2010 Census.
W.P. “Bill” Atkinson bought land in the area that would become Midwest City after hearing speculation that an air field was going to be built nearby. The city, which was incorporated on March 11, 1943, was named for the air field’s original designation as the Midwest Air Depot. When Major General Clarence L. Tinker of Pawhuska, Oklahoma became the first American general killed in World War II (June 7, 1942) near Wake Island, the airfield was renamed in his honor. Seward Mott, the director of the Federal Housing Administration’s Land Planning Division, helped design the city, gaining national print and broadcast attention, and it became a model for postwar community development.
Portions of Midwest City particularly northwest of Tinker Air Force Base sustained extreme damage from a violent tornado that swept through the southern and eastern areas of the Oklahoma City Metro on May 3, 1999. While it produced F5 damage in South Oklahoma City, damage in Midwest City was rated high-end F4, with numerous destroyed homes and three fatalities. Another strong tornado struck almost exactly the same area four years later on May 8, 2003. The combination of rapid post-war growth and destruction caused by natural disasters lead to revitalization efforts in the early 21st century. A new Town Center Plaza shopping area and the Reed Center, a 60,000-square-foot convention center, were both built as part of the revitalization plans.
Parman & Easterday in the Midwest City, Oklahoma Community
The estate plan you create today should protect and provide for you and your loved ones for many years to come. Consequently, choosing the right lawyer to help you create that plan should be a priority. At Parman & Easterday we understand how important your Midwest City, Oklahoma estate plan is to you and we are dedicated to helping you develop a plan that accomplishes all of your current and future estate planning goals.
The evolution of both your family and your estate will be marked by important benchmarks and events. Many of those should trigger a review and revision of your estate plan. Because your estate plan continues to change and grow to keep up with the changes in your life, it is important to develop a strong, and ongoing, relationship with your estate planning attorney. Your initial estate plan will likely be rather simplistic because you may be young, single, and just embarking on your career path. Consequently, your primary goal will likely be to ensure that you do not leave behind an intestate estate in the event of your death which can be accomplished with a simple Last Will and Testament. As your family and your estate grow however, your estate plan will need to expand to accommodate those changes. If you decide to marry, for instance, you may want to add your new spouse as a beneficiary and/or a fiduciary within your estate plan. The birth of a child will trigger the need to protect your minor child’s inheritance. Having a family should prompt you to worry about the possibility of your own incapacity and the need to include incapacity planning in your overall estate plan. The more valuable and complex your estate becomes, the more important it will be to incorporate tax avoidance, asset protection, and probate avoidance tools and strategies into your plan. Looking to the future, the need to merge your retirement plan with your estate plan should be considered to ensure that they work in harmony with one another. Long-term planning and the possibility that you will need to qualify for Medicaid as a senior may also necessitate the addition of a Medicaid planning component. Finally, if you have strong beliefs regarding end of life medical care and/or about how your body should be handled after your death, it is imperative that you include advance directives as well as funeral and burial planning components in your comprehensive estate plan to ensure that your wishes are honored at the end of your life
The estate planning attorneys at Parman & Easterday would be honored to help you create an estate plan that protects everything dear to you, both now and in the future.
If you have questions or concerns regarding your estate plan, or wish to make an appointment to get started on an estate plan, contact the experienced Midwest City, Oklahoma estate planning attorneys at Parman & Easterday by calling 405-843-6100 to schedule your appointment today.