Estate Planning Word of the Day

Summary Administration – noun. A shortened process of probate; either with a last will and testament or without.

A summary administration is a statutory relief for beneficiaries of estates that are deemed small or uncomplex by the state legislature. In Oklahoma, the amount for an estate to qualify for summary administration has recently been raised to $200,000, so any estate with a total probatable value less than this can go through the shortened proceedings. The legislature also says the uncomplex proceedings that qualify for summary administration are those where the Decedent was a resident of another state at his time of death and estates of Decedents who have been deceased more than 5 years.

In case you have cialis no prescription recommended for you any form of issues, you do have the chance of investing in the correct details by contacting the manufacturer. Kick the ass of bad habits Consumption of alcohol and smoking can affect your sexual cialis brand performance. Nicotene is an addiction There are numerous aids readily available to help you stop smoking.2. http://pamelaannschoolofdance.com/wp-content/uploads/2014/04/Program-Ads-2014-Comp-Team-Fundraiser.pdf cialis prescription Benefits of 4T Plus capsules: It can Prices cialis españa strengthen the immune system. The summary administration process still requires a court case to be opened in the county with jurisdiction, but instead of a typical six to ten month process with three separate hearings, the summary administration allows the estate to be closed within 45 days and only requires one hearing.

If you have a loved one that has passed away and think that summary administration may be needed to transfer the Estate, then please call my office at 580-318-8829 for a consultation. I serve all southwest Oklahoma counties and will travel to Altus, Mangum, Hobart, Sayre, Frederick, Lawton, Duncan, Anadarko, Apache, Weatherford, Clinton, and other smaller towns in the area.

Comments are closed.