Trust

Choosing the wrong type of trust can lock you out of your own assets or leave them exposed to creditors and estate taxes. These are real consequences, not edge cases. Before signing anything, you need to understand what each option actually does. What a Trust Does (and Why the Type Matters) A trust is a…

The current federal estate tax exemption is $15 million per individual in 2026. At the end of this year, that number is scheduled to drop — roughly in half — when the Tax Cuts and Jobs Act provisions expire. If your estate, or the estate of a parent or spouse you’re helping plan for, is…

Trusts are powerful estate planning tools that help individuals manage assets, avoid probate, and protect beneficiaries. In Oklahoma, the two most common types of trusts are revocable and irrevocable. While they may sound similar, they serve distinct legal and financial purposes. Understanding the difference is key to choosing the right trust for your estate plan….