Practical Steps to Take after the Death of a Loved One
Dec 04, 2019
Even though we know better, we all prefer to think our loved ones will live forever. We probably have never sat down and thought about what steps we will need to take after a loved one passes away. Co...
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The Importance of Planning Ahead for Every Significant Change in Life - Including Estate Planning
Sep 17, 2019
The following are tips on planning ahead that will stand you in good stead no matter what you are doing. This is especially true if you are engaging in estate planning because you want to simplify thi...
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Senior Scams
Sep 17, 2019
Our seniors are being bombarded with scams designed to separate them from their money. Below are some common scams for which you should be on the outlook. The kidnapped child scam Recently I heard of ...
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Transfer Vehicle with Transfer-on-Death Form
Sep 17, 2019
A recent 2016 change to the Oklahoma statutes allows you to transfer title to your vehicle with a transfer-on-death notice. Introduction Often clients do not want to go through the expense and inconve...
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PROPOSED AMENDMENT TO THE FORMER SPOUSES PROTECTION ACT (FSPA)
Nov 09, 2016
Overview of the adverse consequences for former spouses of military personnel Proposed Fiscal Year 2017 Defense Authorization Bill A proposed amendment to the FSPA in the Fiscal Year 2017 Defense Auth...
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Qualifying for Medicaid Long Term Care Benefits in Oklahoma
Sep 11, 2014
This is an overview of the Medicaid qualification rules for the State of Oklahoma. These rules are subject to change at any time. What are the major financial requirements for being approved for Medi...
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Accounting and Tax Issues in Probate - Part IV, Distribution of Assets to Minors
Jun 22, 2011
Often estates of decedents with minor beneficiaries provide for the safeguarding of funds for the benefit of the minor until a specified age, sometimes through creation of a Testamentary Trust. Usuall...
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Accounting and Tax Issues in Probate - Part III, Income Tax Planning for a Decedent
Jun 22, 2011
When doing income tax reporting for a decedent, you will need to break the income down into separate segments. All income accrued prior to death is reported on the decedent’s final personal income t...
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Accounting and Tax Issues in Probate - Part II, Prepare for a Tax Audit Now, Not Later
Jun 22, 2011
Let me begin by explaining why this is necessary. The best time to prepare for an estate tax audit is before you file the return. There are a number of outstanding sources available to help you do t...
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Accounting and Tax Issues in Probate - Part I, Valuing Assets
Jun 22, 2011
Accounting and tax issues affect you in every stage of your life and thereafter. They can be especially meddlesome after death when you are involved in a probate or trust administration. This guide ...
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