Maximizing Profits and Tax Efficiency
Exploring the Power of a Deferred Sales Trust for Financial Flexibility
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Roth IRA Conversions
This year marks the Roth IRA’s 25th anniversary. It’s a popular tool for many retirement savers. Before you convert your accounts into a Roth IRA, make sure it’s the right choice for you.
Is There a Pilot on Board?
Choosing your successor trustee is a lot like choosing a co-pilot – be careful who you choose to handle your assets after your death.
Spousal Lifetime Access Trusts
The Spousal Lifetime Access Trust may be the perfect tool to shift assets out of your taxable estate.
It Takes a Team – The Recipe for Successful Estate Planning
Couples get better investment results when both spouses discuss their views with their financial professionals.
Who Will Make Health Care Decisions When You Can’t?
Key documents to ensure your health care decisions will be followed.
ViewPoint – Our Professional Team
Dealing with a worldwide pandemic, the TCO way. Read more.
Feeling More Secure After the SECURE Act
IRA and estate planning without the stretch provision.
Adoption and Estate Planning
If you (or a family member) ever placed a child for adoption and don’t want him to be an heir, you should revisit your estate planning documents.
ViewPoint – Our Offices Are Open
Our offices are open and our professionals continue to serve you. Read more.
Don’t Let Fear Paralyze You
In times of uncertainty with stock market and health concerns, it is easy to let fear paralyze us. Read Lesa Creveling’s article.
Planning for Addict Beneficiaries
While the topic of substance abuse in families can be difficult, it’s a growing epidemic that is important to take into account when estate planning.
ViewPoint – Congratulate Our Professional Team
Let’s raise a glass to the new year! We have two new officers and several professionals have been promoted.
New Year’s Resolution: Revisit Your Estate Plan
Now that the holidays are officially behind us, many of you are revisiting that final vestige of the season: the resolution list.
Where There’s a Will…
What do Aretha Franklin, President Abraham Lincoln and Prince have in common? Find out.
What Does Your Family Look Like?
Family structures have become more complex over the last few decades. Most households are now the result of blended families with working moms, adopted kids, second marriages, and the list goes on. Your estate plan needs to be customized for your specific situation.
Alzheimer’s And Dementia Patients Are Easy Prey For Scammers
Avoid being a victim of financial exploitation.
Don’t Be A Silo
Individual trustees do not need to face all the challenges alone.
Honey, We Forgot The Car!
How to handle cars in estate planning
Staying on The Yellow Brick Road
Financial exploitation and elder abuse continue to rise. How can you protect yourself and your lifetime savings? Read Lesa’s article.
DPOA: A Document With Super Powers
A Durable Power of Attorney is a super document. It allows a trusted representative to act in your place. Learn how a DPOA can help you.
Happy Birthday, Batman!
Batman, the first comic strip trust fund baby, turns 80 today. What lessons can we draw from the Dark Knight?
Alzheimer’s and Dementia Patients Are Easy Prey For Scammers
Each day, Alzheimer’s or dementia patients are at a high risk of being financially exploited. Learn how to spot it and how to prevent it.
It’s Not Too Late To Build A Fence When The Cows Are Out
Estate planning and asset protection are really nothing more than building and maintaining fences. A successful plan keeps the cows (assets) in and the wolves (creditors) out.
Let’s Get Personal
Ensuring future generations respect your values, intentions and hard-earned savings.
HEMS To Live By
Joanna Murphy reviews how important language and communication are when it comes to estate planning.
Don’t Let Your Digital Assets Evaporate Into the Cloud
In this article, Melissa Taylor sheds light on a subject that has never crossed the minds of many, Digital Assets & Estate Planning.
Why Establish a Trust?
In this article, Jean Kates shares her perspective, as a rancher’s daughter, on why establishing a trust is so important.
Family Wealth Preservation Trust
Protecting your assets from creditors may not be the first thing you think about when you wake up but all too often, people do not think about it at all until it is too late. Fortunately, in Oklahoma we have an attractive asset protection vehicle called the Oklahoma Family Wealth Preservation Trust (FWPT) that can help Oklahoma residents and non-residents alike. Read Lesa Creveling’s insightful article (originally published June 2006) on the benefits of this asset protection trust, its tax treatment and how it works in relation to federal bankruptcy law.
Managing trusts takes honesty and people skills
Do you ever wonder if you have what it takes to be a trust officer?
The Road to Trustee Hell is Paved with Good Intentions
Joanna Murphy discusses the challenges individuals face when serving as a trustee or as an executor of an estate. Being a fiduciary carries a tremendous amount of responsibility ranging from detailed record keeping to bill paying, from tax returns to investments. But don’t despair – Joanna also shares how having a corporate trustee such as Trust Company of Oklahoma can help ease the burden when filling this role, especially for friends and family.
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