Larry Parman
Our firm is dedicated to providing you with quality estate planning resources, so you can become familiar with all of the existing options. When you visit or call our office, we want you to feel comfortable discussing such an important issue concerning both you and your family. We want to arm you with the information you need to make an informed decision about your family's future.
If you have a well-drafted estate plan in place, you'll ensure that your estate passes to whom you want, when you want, and is carried out in the manner you've chosen. You can rest assured that your family won't have to endure the public process and costly matter of probate. The government won't be able to take what you've spent a lifetime building. But you need to be aware of the many options that exist in estate planning'"and you must choose your attorney wisely.
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If you have a well-drafted estate plan in place, you'll ensure that your estate passes to whom you want, when you want, and is carried out in the manner you've chosen. You can rest assured that your family won't have to endure the public process and costly matter of probate. The government won't be able to take what you've spent a lifetime building. But you need to be aware of the many options that exist in estate planning'"and you must choose your attorney wisely.
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Displaying Results 1 - 23 (of 23) for All Content
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Information for Trustees and ExecutorsThough serving as someone's trustee or the executor of a will can feel like an honor, and it is, it is also a big responsibility.
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Long Term Care Assistance for VeteransEach year the MetLife Mature Market Institute publishes a survey that puts long-term care costs under the microscope.
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Will & Living Will: What's The Difference?The will is the most widely understood estate planning document, and of course it is used as a way for people to make their wishes known with regard to how they would like their assets to be distributed after they pass away.
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Reminder: Estate Tax Changes Are TemporaryAs has been widely reported in estate planning circles, there were some significant changes to the estate tax parameters included in the Tax Relief, Unemployment Insurance Reauthorization,
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Can a 35% Estate Tax Really Be Considered "Relief?"When the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 was passed through Congress on December 16th and signed into law by the president the next day many people let out a sigh of relief
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Showing You Care with Incentive TrustsWhen you are taking stock of your assets while planning your estate, you may recognize that you are in a position to provide life-changing bequests to your loved ones.
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Simplified Probate Forms in OklahomaProbate is the process whereby the courts supervise the distribution of a deceased individual's estate. It should be obvious that once the courts are involved, the probate process can be both expensive and lengthy
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Five Wishes Advance Directive: Comprehensive & ReassuringAdvance health care directives are used to state your medical preferences in writing and choose decision makers should you be unable to communicate at some point due to incapacitation.
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Are You Affected by IRA Minimum Distributions?One of the touted benefits of a traditional IRA or 401(k) is the fact that the funds placed in these accounts are not taxable until they are withdrawn.
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Early Retirement and IRA SEPP WithdrawalsThe current economic recession has changed the retirement plans of thousands of American families in the metropolitan Oklahoma City region.
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Medicare '" What is "Under Observation"?By definition Medicare Part A covers a portion of the inpatient care in a hospital or in a skilled nursing facility if the patient needs this care after at least a three-day stay in a hospital.
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What Happens If You Write Your Own Living Trust?Should you write your own Living Trust? A Revocable Living Trust may be created in a few short steps including listing your property and beneficiaries and funding your property into the name of your Trust.
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Probate Lawyers Play Key RoleIt is not hard to understand why the layman might feel that leaving their assets to their heirs is a simple and straightforward matter that anyone can undertake on their own.
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Can an Executor Rule a Will Invalid?The executor '" now often referred to as a personal representative in many states - of an estate is the person chosen via a Last Will and Testament or if there is no Last Will by a judge to settle the affairs of a decedent.
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Is a Basic Estate Plan Enough?Are you in the process of estate planning? If so, you will find yourself faced with the question of whether or not a basic estate plan is enough for your estate.
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Legacy Planning: Where to BeginDo you have a basic estate plan, but are considering more? A Legacy Plan is a special estate plan that allows you to leave a sense of who you are with a unique inheritance for your loved ones or funds to help those who are less fortunate.
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What Does a Last Will and Testament Do?A Last Will and Testament is a document used in estate planning to set forth a person's final wishes regarding the distribution of their assets out upon their death.
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Should You Accept the Position of Trustee?Has a loved one asked you to act as a successor trustee for a Revocable Living Trust? If so, he or she must think very highly of you. A Trustee should always be someone who is smart, fair minded, organized and good with finances.
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The Future of Social SecuritySocial security is a government program that withholds money from workers' paychecks and uses it to help retired individuals pay their living expenses. Whether or not it will continue how it might continue, however, is another story.
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What Goes into a Will?There are several things that should go into your Will and a few things that shouldn't. There are many details besides these to consider in creating a valid Will, but here's a quick rundown of some basic Do's and Don'ts:
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Reasons Your Will Might Be InvalidDespite your best efforts, there are a number of reasons that your will might be declared invalid.
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What Are the Benefits of Having an Institution as Fiduciary?There are some situations in which you don't feel you have an appropriate person to name as a fiduciary - an executor or trustee - of your estate plan.
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Delaying Retirement Can Increase Your Social Security BenefitsIf you delay your retirement beyond full retirement age, you can get increased benefits from Social Security.