Understanding The Importance Of Creating A Proper Estate Plan

Establishing a will or a trust is known as "estate planning." But creating a will or a trust, depending on an individual's specific needs and goals, is only part of an estate plan. In the event of a catastrophic accident causing disabilities, proper estate planning documents, including an advance health care directive (AHCD), power of attorney (POA), in addition to a basic will, can ensure that your wishes are followed.

No one has control of when an accident will occur. If you suddenly become disabled and are unable to care for yourself or your children, your AHCD will give your family the peace of mind knowing you clearly stated what your long-term or end-of-life medical care wishes are. Your POA will give the person you trust, your "agent," power to take care of business and financial matters as outlined in your POA.

An up-to-date estate plan is recommended for all people, although many people avoid discussing estate planning because they misunderstand the importance of these legal documents. Call Pool Law P.C. today to get a complete understanding of the documents you need for your estate plan. Lance A. Pool knows it can be a difficult conversation with a lawyer, but his experience can help you make the right decisions to protect your family's security if you are not able to be there for them. Call Lance at 918-796-5792 for an appointment.

Ensure The Smooth Transfer Of Your Wealth

Without a will, your assets will be distributed according to Oklahoma's intestacy laws when you pass. This means your legacy could go through probate and end up with a relative you had no intentions of giving anything to. On the other hand, with a will, your assets would be distributed according to the instructions stated in your will.

At Pool Law P.C., we discuss all your legal options and prepare a comprehensive estate plan for you. Your circumstances may call for a trust to be created as part of your estate plan. A trust has certain advantages, especially if you have a child with special needs who may need long-term care after you are gone.

We will discuss all your options and prepare a comprehensive estate plan for you. Our team can help you with:

  • Wills
  • Trusts
  • Powers of attorney
  • Health care directives
  • Guardianships

Personalized And Experienced Estate Planning Counsel And Services

Secure the convenient and safe transfer of your valued assets after you are gone with top-notch estate planning. Reach out to Pool Law P.C. via email or call the office in Tulsa at 918-796-5792 today.