Protect Your Future and Your Assets
No one wants to think about the end of their life or what happens after they pass. However, planning is necessary to be prepared. Unless you want your future and assets to be in the hands of the court, you need to make those decisions yourself before it’s too late. You have worked hard to build the life you have, and that deserves protection.
A common misconception about estate planning is that it’s only for rich and/or older people. There’s never a bad time for estate planning. However, there are specific circumstances when it is best to make changes to your plan. This could be when you have children, acquire property or wealth, get married or divorced, discover a medical condition, or travel. Whether you are making changes to an existing plan or drafting your first one, the Chickasha estate planning attorneys at Wirth Law Office can give you guidance.
What is Estate Planning?
Estate planning allows you to make decisions now about your future and your assets. At Wirth Law Office, we have two main goals when helping you with your estate planning. The first is to reduce or eliminate death taxes. The second is to avoid probate when possible, usually by creating a living will. We do this by tailoring wills, trusts, powers of attorney, living wills, and advanced healthcare directives to your needs. You should be in control of your future. We want to help you protect your assets, minimize taxes, and ensure the best outcome. Estate planning involves creating a full financial road map while you’re alive. You want your family, properties, assets, and even your pets to be included in this road map. We can ensure that you leave no stone unturned.
The Dangers of DIY Estate Planning
There are plenty of do-it-yourself estate planning kits online and in stores. However, these can be dangerous because they often don’t comply with specific Oklahoma estate planning laws. If your will is invalid, that is considered intestate and leads to probate. Probate is a lengthy and expensive process that your loved ones would endure after your death if your estate is not in order. At Wirth Law Office, our Chickasha estate planning lawyers are familiar with Oklahoma’s laws. Therefore, we can help you draft documents that comply with those laws and minimize complications.
When and Why Do You Need Estate Planning?
You shouldn’t leave estate planning until the last minute. It’s best to do it when you are healthy and of sound mind. Since you don’t know how long you will fit those conditions, you should start as soon as you do. You can also make changes to your original plan when you face a significant life change that affects your finances, assets, or heirs. Estate planning isn’t just for people who have a lot of money or are advanced in years. Everyone needs a solid, enforceable plan for what happens to them and their assets in case of emergency and following their death. Lacking a plan could also affect your eligibility for benefits from Social Security, Medicaid, and Medicare. Let the estate planning attorneys in Chickasha at Wirth Law Office help you plan.
Free Consultation with Chickasha Estate Planning Attorney
If you are ready to begin estate planning, contact a Chickasha estate planning attorney at Wirth Law Office – Chickasha. We offer a free consultation to help you understand what is involved with estate planning and how we can walk you through it. Call us at (405) 272-4100 or fill out the form at the top of this page.