The basic reason you need an estate plan is because you do not want to leave essential estate questions unanswered. For example, your estate plan will allow you to decide who will inherit your property and how it will be distributed after you die. Should you fail to make these choices, your state will dictate who inherits. State law takes no notice of your personal desires, but distributes your possessions in accordance with its pre- established rules.
Topics covered in this report include:
- What is an estate?
- Why do you need an estate plan?
- What will a plan look like?
- How do you make a plan?
Latest posts by Larry Parman, Attorney at Law (see all)
- Providing For Your Blended Family in Your Estate Plan - March 19, 2019
- How Old Should You Be When You Retire? - March 12, 2019
- What Assets Count for Medicaid Eligibility for Seniors in Oklahoma? - March 12, 2019