Benjamin Franklin famously said: “[I]n this world nothing can be said to be certain, except death and taxes.”[1] Estate plans prepare and plan for these two certainties and frequently last for many years without need of updates. Significant changes in the law or your life can trigger the need to review your estate plan to [...]
You know the old saying… kiddos are the “apple of my eye” – when they’re not driving you crazy that is. In all seriousness, you spend a large part of your life trying to protect and provide for your kids. So, this is an important question: What happens to my kids if I don’t have [...]
Rainey Law Continues to Serve Clients (with the help of technology) Governor Kevin Stitt recently signed an order declaring legal services as an essential business. Our team at Rainey Law continues working with full remote access capabilities from home and with limited personnel in our physical offices to ensure the health of others and our [...]
It’s that time of year again when we make time to visit our loved ones for the holidays and hopefully create warm memories. For some of our clients, this time is bittersweet because memories are all they have. While they remember and are grateful for the good times shared, a lot also struggled to properly grieve because of the messes left behind by their loved ones. Often there was no will, no trust, no direction for the family to move forward, and no real room to grieve for months and sometimes years.
It’s that time of year again when we make time to visit our loved ones for the holidays and hopefully create warm memories. For some of our clients, this time is bittersweet because memories are all they have. While they remember and are grateful for the good times shared, a lot also struggled to properly grieve because of the messes left behind by their loved ones. Often there was no will, no trust, no direction for the family to move forward, and no real room to grieve for months and sometimes years.
A company recently asked us to review an employee handbook to ensure the business’s and the employees’ rights are protected and up to date based on Oklahoma Law. Our review and updates addressed a multitude of legal issues, including Oklahoma’s recent legalization of medical marijuana.
A company recently asked us to review an employee handbook to ensure the business’s and the employees’ rights are protected and up to date based on Oklahoma Law. Our review and updates addressed a multitude of legal issues, including Oklahoma’s recent legalization of medical marijuana.
A young woman recently came to our offices, visibly upset, and told us about a problem she was struggling with. She thought she’d been wronged, but she didn’t understand how to address the situation or what legal options were available to her. The uncertainty scared her and left her asking where to even begin.
We recently met with a couple whose trust was more than 10 years old (see our article on when to have your estate plan reviewed). A lot of life happened during 10 years and the clients got busy and failed to put 6 assets in their trust. Failure to title the couples’ property in their trust could have triggered a lengthy and expensive probate had the couple died without making it to our offices to get all assets in their trust.
Revocable Trusts have become more common over the last 40 years (click here to learn more about Estate Plans), and when the grantor dies (the person who created the trust), their trust becomes irrevocable. This is when YOUR rights as beneficiaries kick in.Being a beneficiary does not mean you simply have to sit back and wait.
