Perhaps the most common estate planning tool is a Last Will & Testament. While a will does not do everything people assume it does, it is still useful in many circumstances. Younger clients with few resources and limited means can benefit from a will.
Under Oklahoma law, and many other states, a will requires a probate, but it is still usually better than dying "intestate" (without a plan). For example, parents of young children often use a will to appoint a guardian for their kids in the event of their death. And even if someone has very few assets, a will can help to ensure that those assets are distributed according to their wishes rather than being subject to the state's intestacy laws.
At Tallgrass Estate Planning, we provide more than just a will. For us, a will plan includes:
Last Will & Testament
Personal effects memorandum for distribution of heirlooms, sentimental items, and other important personal property
Durable power of attorney for financial decisions during incapacity
Healthcare power of attorney for medical decisions during incapacity
Advance directive for end-of-life decisions
HIPAA waivers to that key people can talk to doctors and medical professionals on your behalf
Memorial instructions for disposition of remains and funeral planning
