Estate Planning Word of the Day

Intestate – adj. not having made a will before death; or noun a person who has died without having made a will.

If you die without a will, then you do not die without a plan. Instead, you die with the plan that the State of your residence (and any stateĀ in which you owned property) wrote for you. The state intestacy statutes usually dictate that your closest living relatives will inherit all your property.
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A simple way to avoid dying intestate is to create a will, trust or create other transfer documents. You need to do this while alive, so do not hesitate to set up an appointment to discuss your needs if you live in Altus or southwest Oklahoma.

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