Last Will and Testament

Wills, Giving You Peace of Mind

An Oklahoma last will and testament is another term for a "will." Creating a will is an important part of the estate planning process as the will defines how your assets are to be distributed upon your death. A will is a written legal document that names individuals such as your family, friends, business associates or organizations (schools, churches etc.) or charities that you want to receive your assets or property when you die.

Your will may cover your personal property such as cash in bank accounts, stocks, your interest in a business, vehicles, artwork, jewelry, collectibles, or your coin collection. It may also include real property, which can include any type of land and anything such as a house or barn that may stand on it.

You can make a will as long as you are 18 or older and of sound mind. To be of sound mind you must understand what property you own, how much it's worth and to whom you are leaving it to in your will. You are not required to be a United States citizen in order to draft a will. Some of the benefits of having a last will and testament include:

  • You name an executor to administrate your estate.
  • It says who is to receive your property (family, friends, charities etc.)
  • You can specify that one or more children will inherit nothing.
  • It allows you to take care of a special needs child.
  • It nominates a guardian for your minor children.

Oklahoma City Estate Planning Attorney

While you can write a handwritten will (holographic will) on your own in Oklahoma, it is not the best idea. If a will is poorly written or doesn't give clear instructions, it may cause more problems than if you died without a will and it can lead to will contests and litigation.

At Elizabeth A. Richards Attorney at Law, attorney Richards has more than 25 years of experience preparing formal wills on behalf of our clients. Formal wills use prescribed language to say what you want done with your property and there are specific requirements that must be met in regards to witness signatures.

A will must be probated; therefore, the witness may be required to be present at the probate proceedings. For this reason, it's a good idea to choose witnesses who are in good health, who are not named in the will, and younger than you.

For further information about the process of drafting a last will and testament, please contact our firm by calling (405) 788-4662 to schedule a free consultation.

Elizabeth A. Richards

Attorney at Law

Elizabeth A. Richards Attorney at Law - Oklahoma City Probate Lawyer
Located at 112 West Commerce Street Oklahoma City, OK 73109. View Map
Phone: (405) 788-4662
Local Phone: (405) 319-9696.
Website:
Probate.com

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

Call today for a consultation.

(405) 788-4662