The Basics of Estate Planning: What Every Adult Should Know
Updated: Feb 2
Estate planning is the process of making a plan in advance for how you will manage your
finances and estate if you become incapacitated or pass away. This includes making decisions about who will manage your affairs, how your property will be distributed, and how your debts will be paid.
Estate planning is an important part of financial planning, but it's not just for the wealthy,
everyone over the age of 18 should have an estate plan in place in case of an unexpected
event. While you may not have a lot of assets to worry about now, estate planning can also help to protect your loved ones from having to make difficult decisions on your behalf. Additionally, if you do have significant assets, estate planning can help ensure that they are distributed according to your wishes.
How to find an estate planning attorney that’s right for you:
There are a few things to keep in mind when you're looking for an estate planning attorney.
First, you'll want to find someone who is licensed to practice law in your state. You can search
for attorneys online, but make sure you confirm that they are fully licensed before you meet with them.
Second, you'll want to find an attorney who has experience in estate planning. Ask for referrals from friends or family, or look for reviews online.
Finally, you'll want to find an attorney who you feel comfortable working with. Estate planning can be a complex process, so you'll want to make sure you're working with someone you trust. When you've found an attorney you're comfortable with, schedule a consultation to get started on your estate plan.
What to expect during your consultation:
During your consultation, your attorney will ask you questions about your assets, debts, and
wishes for your estate. They will also ask about your family dynamics and any special
circumstances that might need to be considered in your plan. Be prepared to answer these
questions honestly, the more information you provide, the better your attorney will be able to
create a plan that meets your needs.
Meason & Ramsey Law provides a professional experience for all our clients, helping them navigate their legal rights. Our focus is criminal law (felony and misdemeanors). We specialize in Criminal Law, Divorce and Family Law, Probate Law. We are currently accepting cases in Washington, Nowata and Osage counties. Meason & Ramsey Law has family lawyers, divorce lawyers, probate lawyers, criminal defense lawyers, DUI & DWI lawyers, co-counsel lawyers, family attorneys, divorce attorneys, probate attorneys, criminal defense attorneys, DUI & DWI attorneys and co-counsel attorneys. Marty Meason and Rodney D. Ramsey, Attorneys
Meason & Ramsey Law
515 Delaware Ave
Bartlesville, OK 74003