Estate Planning

Estate Planning

At Legal Advantage Group, we know that the estate planning process can be complicated. Our attorneys have over 75 years of combined experience in estate planning. We proudly serve residents of Oklahoma County and surrounding counties. We will walk you through the process and help you create an estate plan that fits you and your family's needs. Whether you need a power of attorney, guardianship, or insurance trust, we are here for you no matter your needs. Call us today at (405) 449-5777 to plan your estate.

Plan For The Future, Today.

Estate planning empowers us to determine what happens to our assets, property, and legacy when we pass. By establishing a viable estate plan, you not only have control over the future of your possessions – but you also make it easier on your beneficiaries down the road. So, what are the first steps in the estate planning process? With the help of a legal professional, you will gain the clarity you need to make informed decisions about the future of your estate…

Estate planning lawyers play an important role in helping their clients understand the legal intricacies involved in the overall process. From drafting paperwork to providing invaluable advice, Legal Advantage Group will do whatever it takes to ensure your legal well-being is cared for. As an estate planning law firm with years of experience, we have helped countless individuals achieve their legal goals, and we’re prepared to do the same for you.

What Is Estate Planning, And Why Do We Need It In Oklahoma?

Estate planning empowers you and protects the ones that you love. It is the process of thinking ahead to your death or incapacitation and setting up legal tools and mechanisms to guarantee your wishes will always be respected.

In short: estate planning offers you both peace of mind and a chance to craft your own legacy.

Can Estate Planning Benefit Me During My Lifetime?

While estate planning can give you full control over what happens to your property and loved ones after your death, it can also be used to prepare for other eventualities besides death.

For example, when preparing your estate plan with a competent attorney, they will have you decide on trusted individuals to designate in a durable power of attorney and medical power of attorney. You will also put together an advanced healthcare directive with instructions for doctors.

All of those documents can help you while you're still alive. For example, in the event of your incapacitation in a medical emergency, the durable power of attorney might allow your spouse to make financial decisions, while the healthcare directive tells the doctor what your wishes would be and spares your family members from making those decisions.

Each one of those documents fulfilled a specific purpose while you are still living, whereas a will or trust is often only relevant when you pass on.

How Often Do I Need To Review My Estate Planning Documents In Oklahoma?

It is typically recommended that you review your estate plan at least every five years or whenever there has been some major change in your life or family. For example, if there has been a birth, a death, a change in assets, a change in net worth, or a divorce, you may need to change or adjust your estate plan.

Such updates can be done at any time, and they do not generally require you to make an entirely new trust unless you want to. These adjustments can be done with simple addendums to your existing trust.

When Is The Best Time To Set Up Estate Planning Documents?

The best time to start is right now. No one knows what the future has in store for them. But if you have a plan, you keep control over what will happen and how.

Having a complete estate plan means one less source of stress and one step closer to peace of mind – not just for you but also for your loved ones and family.

In nearly 100% of probate cases, things would have been easier for the family if the deceased had created a trust.

Do I Need An Estate Planning Attorney, Or Can I Do Everything Alone Or Online?

The whole purpose of having an Oklahoma estate planning attorney is so you can have a plan that is personalized to your exact wishes. Online tools cannot take into account a lot of detail, nor can they adapt to changes in the law.

If you want to make sure that all your documents are current and up to date, reflect current laws and statutes, and are customized to your unique needs, then you definitely need to have an estate planning attorney.

Call Legal Advantage Group For Your Comprehensive Estate Plan Today

Searching the web for an “estate planning lawyer near me”? Our firm is here to help!

For more information on estate planning In Edmond, Oklahoma, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (405) 449-5777 today!