Oklahoma asset protection lawyers can provide comprehensive assistance to individuals at every level, regardless of income or wealth. Creating an asset protection plan is important, even if you are not rich. There are devastating potential sources of loss, from creditor claims to high nursing home bills, and you need to take responsible steps to protect [ ] The post Why Small Business Owners Need Help With Asset Protection appeared first on Parman & Easterday.
Trust administration takes place when someone with a trust has passed away. The trustee or trust administrator is the person put in charge of this process. Beneficiaries of the trust, or those who stand to inherit assets from the trust, do not have any formal legal responsibilities during the trust administration process. However, those who stand [ ] The post What Should You Expect As A Trust Beneficiary? appeared first on Parman & Easterday.
Oklahoma City estate planning attorneys provide assistance with the trust creation process, including the selection of an appropriate person to serve as a trustee. The trustee has many responsibilities and the decision of who should serve in this role is a big one that can impact how effectively trust assets are managed. The selection of the trustee is [ ] The post Should You Agree To Be A Trustee? appeared first on Parman & Easterday.
Overland Park estate planning lawyers provide you with advice on financial issues, legacy planning issues, and incapacity planning. It is important for you to have a financial plan in place at all times, and to address what will happen if you get sick, at the end of your life, and after your death. These issues do not [ ] The post Estate Planning Advice After You Get Married appeared first on Parman & Easterday.
An asset protection planning lawyer helps you explore the legal tools that make protection of your wealth possible. There are different legal tools used in asset protection, but one popular option for people looking to keep their wealth safe and secure is the creation of a trust. Trusts, which separate ownership and possession of assets, [ ] The post Do All Trusts Protect Your Assets? appeared first on Parman & Easterday.
An Oklahoma City elder law attorney provides assistance to seniors to take advantage of helpful programs as they age. As seniors get older, many require more assistance with basic activities of daily living. Sometimes, the level of need becomes so great that a senior needs help in his home from a long term care professional or must move [ ] The post Senior Meal Programs Could Be Cut Due To Insufficient Funding appeared first on Parman & Easterday.
There are many different estate planning tools that can be used by people who want to control the legacy they will leave behind when they pass away. While people tend to be most familiar with a last will and testament, this is not the best tool in many situations. While you can make a will a [ ] The post Downsides To Wills vs. Other Estate Planning Tools appeared first on Parman & Easterday.