Will and Trust
James W Stamper Attorney At Law offers comprehensive Will and Trust legal services to the greater Tulsa, OK area. Trusts and Wills are a very personal matter, and you want to work with a knowledgeable attorney that you can depend on.
A Last Will and Testament, also known as a Will, is a written document that tells the court system how to divide your property at the time of your death. It is also a deciding factor for the guardianship of children that are minors.
If you do not plan your estate, the government will make their own plan regarding the disposition of your assets and the future of any children you may have that are minors. This is why an experienced Will and Trust lawyer is needed. I will make sure that all of your needs and wants are documented and legally binding.
In addition to a professional Will, estate planning in the Tulsa, OK area also allows for the creation of Trusts. A Trust is a written, legal document that provides specific instructions as to how the property that is titled in the trust’s name is to be managed.
Trusts are becoming more popular in estate planning than Wills. This is primarily due to the avoidance of a complex and lengthy probate process. Trusts also provide more options for safeguarding yourself, your family, and your property.
There are two main types of Trusts-Testamentary Trusts and Living Trusts. Living trusts go into effect immediately upon signing and offer asset management in the event of an unfortunate circumstance such as becoming disabled. Several types of living trusts include:
• Common Trust
• Gifting Trust
• Dynasty Trust
• Special Needs Trust
• Minor’s Demand Trust
• Revocable Living Trust
• Irrevocable Life Insurance Trust
• Qualified Personal Residence Trust
• Administration & Probate
• Probate Administration
• Trust Administration
• Will Contests
• Trust Disputes & Lawsuits
There are many other types of Trusts that can be discussed with your Will and Trust attorney. You can ensure that you and your loved ones are properly taken care in the event that you become disabled.
Obtaining a Will and Trust will allow you to divide your assets the way that you want them to be divided. Take control over your property by contacting my office today!