I’ve been interviewing clients, trying to improve my practice as a Tulsa estate planning attorney, and I’ve identified the top three reasons why most of my clients seek my estate planning services.
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Avoid Probate
Oklahoma Probate is a long, expensive and tedious process. It can take a year or more to fully probate even a minimal estate. There are attorney’s fees, filing fees, fees for notice and copy fees, just to name a few. Probate generally costs 6% to 8% of the total value of the estate. It is expensive because it is a complex procedure that requires the help of a knowledgeable attorney.
- Minimize Estate Taxes
Nobody likes to pay taxes. Estate taxes, or death taxes, as they are frequently called, are the most unpopular of all taxes. It is no wonder that clients want to avoid them.
- Protect Family
When a loved one is lost without a plan it complicates an already stressful time. Family members are forced to make important decisions without proper direction. Often those decisions involve money, and we know how that can make people act self-interested. Clients know this and want to help their family avoid this potential chaos.
If you would like to talk to an attorney at our firm to discuss your family’s legacy estate plan, mention this blog and your initial hour consultation will be at no-cost. Call 918-200-9094 and let us help you avoid probate, minimize estate taxes, and give you family the plan it deserves.