Estate Planning: Wills, Trusts and Probate Law
While it may be the last thing you want to think about, estate planning is an important step you can take to protect the interests of your family. A well prepared estate plan will help you ensure your wishes are carried out and your loved ones are taken care of once you’re gone. If you pass away without a plan in place, your family members may be left to sort out the mess in court. To give you a better idea of what estate planning entails, the professionals at Jones Brown provides detailed information on wills, trusts, health care directives, probate, and estate administration.
Allow the professional staff of dedicated attorneys at Jones Brown help you and your family make the decisions necessary to prepare your family and their future. Determining the will and estate sale of a deceased loved one can be an extremely difficult process during for the family and friends.
Probate is defined as the court-supervising process of collecting the deceased’s belongings and deciding creditors and inheritors of the will.
Oklahoma has adopted the Uniform Probate Code (UFC), in which probate can happen informally and not in the courtroom. With the Uniform Probate Code, inheritors and creditors that have a valid claim are likely to be paid in this order:
- Estate administration costs
- Family allowances
- Funeral expenses
- Taxes and debt
- All remaining claims
This can be a tricky process, and with our legal advice and help it can turn into being stress free.