Inheritance Planning When You Have a Family in Oklahoma from Larry Parman
People with children typically create inheritance plans that leave property to those children. However, you are not legally obligated to leave your children an inheritance. If your children are under 18 and you choose to leave them inheritances, make sure you include provisions to manage the property until the children are older.
Founder and Owner at Parman & Easterday
After helping his own family deal with a lengthy probate and the IRS following his father’s untimely death in a farm accident, Larry Parman made a decision to help families create effective estate plans designed to reduce taxes, minimize legal interference with the transfer of assets to one’s heirs, and protect his clients’ assets from predators and creditors.
Latest posts by Larry Parman, Attorney at Law (see all)
- Understanding IRA Inheritance Planning: Key Considerations - September 14, 2023
- Irrevocable Trust Decanting Provides Flexibility - September 12, 2023
- Inheritance Planning Solution for a Spendthrift Heir - September 7, 2023
