Using Trusts To Protect Heirs from Larry Parman Trusts can be used to make sure your money is managed in the event of your incapacity, and to make sure you don’t have to spend down assets if you need nursing home care. Trusts also can make it possible to protect your heirs in other important […]
How Oklahoma Probate Law Affects Heirs and Beneficiaries: A Guide for Oklahoma Residents After a Death from Larry Parman Probate affects executors because they have many obligations to fulfill, from making an accounting of estate assets to complying with tax obligations. Probate affects heirs because it causes a delay in receiving an inheritance. Heirs or beneficiaries […]
Why An Online Will Is Really a Bad Idea: Understanding the Downsides of an Online Will from Larry Parman The will you download or the kit you buy may not be in compliance with the laws of your state or may not reflect the most updated laws. You have to work within the law if you […]
Is A Will Enough for Estate Planning from Larry Parman While a will is a useful part of many estate plans, it is not sufficient to be prepared for your future. There are many reasons why a will is not enough, including the following. A will does not help you to address what happens if you […]
Why Does Trust Law Matter To You from Larry Parman A trust is a legal tool which allows you to create a legal relationship in which one person holds and controls property for the benefit of himself or another . Trusts are valuable legal tools you can use in estate planning, asset protection, and incapacity planning. Lear […]
When and Why Should I Open an IRA from Larry Parman When you open an IRA, you get tax breaks from the government to help you save for retirement. You are only allowed to invest a certain amount of money each year to take advantage of these tax breaks, so once the year has passed, […]
