July 2015 Archives

Choose the executor of your will wisely

The point of proper estate planning in Oklahoma is to ensure that following your death, your wishes are kept. At Ball & Morse, PLLC, we know that a key part of that process will be having the right executor in place. There are several factors to consider when you are appointing the person who will be entrusted with your will.

A trust may protect an incapacitated parent from financial abuse

When it comes to estate planning, many Oklahoma City residents may not expect that they could end up being the ones to handle the financial affairs of their parents. Sadly, not all people are able to enter their final years with their mental capacities intact. There are numerous age-related conditions, from stroke to dementia and Alzheimer’s disease, which can rob senior citizens of their ability to make informed and rational decisions.

Circumstances that may give you reason to contest a will

The death of a loved one is never easy to deal with. The feelings of heartache and confusion may be multiplied if you find out you’ve been left out of your family member’s will, or if other beneficiaries received a disproportionately larger amount than you did. If you find yourself the unfortunate subject of such a slight, you may think about contesting the will. At Ball & Morse, PLLC, we understand how the unfavorable contents of a will might leave some Oklahoma residents feeling shocked and betrayed. We also know the circumstances in which you may be able to contest a will.

What are some common estate planning terms?

When creating or updating your estate plan, the many terms and phrases surrounding estate administration and planning may be difficult to understand. There are some definitions, such as wills, that you see often and may know a bit about. However, it can be easy to misinterpret some estate planning terms or mistakenly use them interchangeably.

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