Boettcher & Drummond can help with all your estate planning needs including creating a will or trust and executing your wishes through the probate process. Setting up and executing a will or trust can be confusing, but we make the process simple and easy to understand so you can make an informed decision on how you would like your assets handled after you’re gone or while you're living.
Call our attorneys at Boettcher & Drummond in Tulsa, Oklahoma, today to get started. We serve the surrounding areas of Pawhuska, Claremore, Okmulgee, Osage County, Rogers County, and Pawnee County.
A will is a legal document that explains how and where to distribute your assets after you die. Wills typically need to go through a process called probate to ensure the will is accurate and followed exactly as you’ve specified. Wills allow you to transfer property, heirlooms, and funds to whomever you choose and can also be used to detail your funeral arrangements.
Unlike a will, a trust can take effect as soon as it is formed, not after you’ve passed. There are two main types of trusts—a living trust and a testamentary trust. Both versions are a method of transferring your estate to family, friends, or charity, much like a will, but trusts do not have to go through a probate process because a third party, or trustee, distributed them for you.
Probate is the legal process of distributing assets stated in a will after death and ensuring taxes and debts are paid to the rightful parties. It is basically a supervisory process to ensure your wishes are being followed exactly as you’ve expressed. There are multiple steps involved with the probate process and it can be overwhelming to do it alone, which is why we recommend hiring a probate attorney.
If you're ready to start the process of planning for the future of your estate, we're ready to help. Schedule a free initial consultation with us in Tulsa, Oklahoma, today.