Powers Of Attorney In Oklahoma A power of attorney (POA) in Oklahoma is a legal document that grants a designated person the authority to make decisions on your behalf. This person, known as the agent or attorney-in-fact, acts on your behalf in various matters outlined in the POA. The scope of their authority is limited by the terms set forth in the document. There are different types of power of attorney, including: Medical Power Of Attorney: These grant your agent the authority to make healthcare decisions for you if you become incapacitated. Financial Power Of Attorney: These allow your agent to handle your financial matters, such as managing bank accounts, paying bills, and handling investments. Specific Power Of Attorney: These limit your agent's authority to specific tasks or events, such as closing on a property. Durable Power Of Attorney: Remains in effect even if you become incapacitated, allowing your agent to continue making decisions on your behalf. General Power Of Attorney: These broadly authorize your agent to act on your…Read More
If there is one certainty in life, it is its inevitable end – but when, where, and how we pass away is not knowledge we are given. What we do have is the power to prepare for that passing. Estate planning empowers us to determine what happens to our assets, property, and legacy when we pass. This article covers the basics of estate planning in Oklahoma, including: What estate planning is and why we need it (it is not just for when we die!). What trusts are, and the essential and versatile role they can play in Oklahoma estate planning. Why the right time to start your estate plan is always now. What Is Estate Planning, And Why Do We Need It In Oklahoma? Estate planning empowers you and protects the ones that you love. It is the process of thinking ahead to your death or incapacitation and setting up legal tools and mechanisms to guarantee your wishes will always be respected. From distributing real and personal property to those…Read More
