Tuesday, January 31, 2023

Wednesday, January 25, 2023

Do not pick kids as Trustee #shorts


Watch on YouTube here: Do not pick kids as Trustee #shorts
Originally published by Cortes Law Firm

Cortes Law Firm Expands to Offer Lawton Oklahoma Probate Attorney Services

Cortes Law Firm, an estate planning law firm based in Oklahoma City, OK, is pleased to announce that they have expanded their legal services to include probate matters in Lawton, OK, and the neighboring areas. The firm’s attorneys have an in-depth understanding of probate law and are dedicated to helping clients navigate the legal procedures with professionalism and compassion. Probate is the legal process of distributing and settling the assets of a person who has passed away. It can be an emotional and complicated process for those who are involved, which is why the attorneys are ready to guide their clients at every step of the process. They can help with the distribution of assets, the payment of debts and taxes, and the resolution of any disputes that may arise.

Steve Cortes of the Cortes Law Firm says, “Probate law is the process of administering a deceased person's estate, and it involves the distribution of assets to the rightful heirs or beneficiaries. This process is necessary to ensure that the deceased's wishes are carried out and that their assets are distributed according to their wishes. When it comes to probating a loved one's estate, it is important to find the right Lawton probate attorney to ensure that the administration is carried out in the most efficient and effective manner. If you are an heir, you most likely have not had to experience the pain of probate settlement.”

There are two general types of probate in Oklahoma. One is the regular probate and the other one is the summary probate process. The summary probate may be used when the total assets are less than $200,000 and it will take at least 45 days, according to the law. Depending on the schedule of the court, a summary probate is typically completed within two to three months. It can be a great option when the estate is small, there is not real estate property that has to be sold, and all of the family members are in agreement throughout whole probate process. All of the heirs have to agree in writing to proceed with the summary probate to be able to file the initial petition for probate. Even if just one person disagrees, the probate cannot push through as a summary administration.

The regular probate process will usually require several months or even years if the parties fail to agree. The lawyers will first determine if there is a last will, a pour-over will, or there is no will at all. The lawyer will draft an initial petition for probate and if the client agrees with the wording, the firm will file the petition with the Comanche County Court Clerk. The court will order the hearing of the petition at a future date and the probate lawyers will publish a notice of the hearing in the local newspaper and will mail a copy of the Notice of Hearing to all involved parties.

The Court will make four determinations at the initial hearing and once these have been accomplished, it will appoint the petitioner as the personal representative, who will be in charge of administering the estate of the deceased. Creditors typically have 60 days after the filing of a Notice to Creditors to file a claim against the estate. The Court will have to approve the claim before any payment can be made. A general inventory of the estate’s assets will usually be needed, with the list including personal property, real estate, financial accounts, and mineral interests. If everything proceeds perfectly, a probate will usually take four to five months but they generally take five to seven months because the proceedings never go perfect.

Started in 2013 by Attorney Steve Cortes, Cortes Law Firm offers estate planning and probate services for individuals, enterprises, and business people in Oklahoma City and surrounding areas. Steve Cortes has been providing legal services for estate planning for a wide range of clients for more than 24 years.

Those who are interested in getting the services of a Lawton Oklahoma probate attorney can visit the Cortes Law Firm website or contact them on the telephone or through email. They are open from 9:00 am to 5:00 pm, from Monday to Friday.



Source: Cortes Law Firm Expands to Offer Lawton Oklahoma Probate Attorney Services

Frozen estate assets #shorts


Watch on YouTube here: Frozen estate assets #shorts
Originally published by Cortes Law Firm

Monday, January 23, 2023

Do not pick kids as executor of estate. #shorts


Watch on YouTube here: Do not pick kids as executor of estate. #shorts
Originally published by Cortes Law Firm

Jessie Rosson Joins Cortes Law Firm to Expand Career in Estate Planning and Administration

Cortes Law Firm, an estate planning law firm based in Oklahoma City, OK, is happy to welcome Jessie Rosson as one of their staff. And Jessie is excited to join the firm and thus broaden her career with the addition of estate planning and administration. She had started her career at the Oklahoma County Court Clerk's office, while she was still studying at the Oklahoma City University. And after she completed her BA in Religion with a minor in Sociology, she started her 17-year career in civil litigation. With Jessie Rosson Cortes Law Firm expects her to contribute significantly to the services they provide to clients.

Jessie Rosson had helped with brief writing and case administration before administrative courts, state courts, federal courts in various US districts, the Tenth Circuit Court of Appeals, and the US Supreme Court. She has also provided assistance for CJA Panel members with criminal defense in the Western District of Oklahoma. She was also the proofreader and editor of the legal treatise, “The Handbook of Section 1983 Litigation,” by David W. Lee. She is excited with his new role and expects to form long-lasting working relationships with clients at Cortes Law Firm.

Jessie Rosson

Steve Cortes of Cortes Law Firm says, “Proper estate planning is for everyone. Anyone can become disabled at any time. Oklahoma estate planning is about making certain your wishes are followed. Estate planning is the process of making sure your assets are distributed the way you want them to be after you die. This can be done through a will, trusts, or other legal mechanisms. It's important to have an estate plan in order to protect your assets and your loved ones. Without a plan, your assets could be distributed in a way that you don't want, and your loved ones could be left without the support they need. Family estates are something that should be protected.”

The estate law attorneys at Cortes Law Firm can help in making estate planning easy and straightforward for them when the time comes. They can provide top quality legal representation to make sure that things will go smoothly with the various kinds of estate planning, such as: wills, powers of attorney, trusts, guardianship, and more. They are offering free consultation at Cortes Law Firm to provide answers to clients’ questions on estate planning. There are various kinds of estate planning that can be used depending on the needs of the client.

Estate planning is vital for everyone, regardless of the amount of money or assets one has, and it provides various benefits. An estate plan can help in protecting the client’s assets and family in case of death or incapacity. And one that has been well-drafted can help in making sure that the client’s wishes are complied with in the event that they die or get incapacitated and can help in minimizing the confusion and stress for loved ones. It can also help in making sure that the assets are protected against predators and creditors.

Launched in 2013 by Attorney Steve Cortes, Cortes Law Firm provides probate and estate planning services for individuals, corporations, and businesspeople in Oklahoma City and neighboring areas. Steve Cortes has been offering legal services for estate planning for a broad variety of clients for over 22 years.

Steve Cortes says, “When you need Oklahoma City Lawyers we are here to help. As Estate Planning Lawyers Oklahoma City, I know that each individual and family is unique. That is why we take time at the beginning of each relationship to sit down and visit with you regarding your estate planning goals and dreams. To carefully listen to your worries and fears. We are proud to provide each client personal representation and individual attention.”

To know more about the services of estate planning lawyers, people can check out the Cortes Law Firm website or contact them through the phone or via email. They are open from 9:00 am to 5:00 pm, from Monday to Friday.



Source: Jessie Rosson Joins Cortes Law Firm to Expand Career in Estate Planning and Administration

Sunday, January 1, 2023

Why is estate tax exclusions important #shorts


Watch on YouTube here: Why is estate tax exclusions important #shorts
Originally published by Cortes Law Firm

what does estate tax mean #shorts


Watch on YouTube here: what does estate tax mean #shorts
Originally published by Cortes Law Firm

New Year new estate plan #shorts


Watch on YouTube here: New Year new estate plan #shorts
Originally published by Cortes Law Firm

federal estate tax vs state #shorts


Watch on YouTube here: federal estate tax vs state #shorts
Originally published by Cortes Law Firm

2023 Estate tax and gift tax #shorts


Watch on YouTube here: 2023 Estate tax and gift tax #shorts
Originally published by Cortes Law Firm

2023 Estate Tax and Gift Tax


Watch on YouTube here: 2023 Estate Tax and Gift Tax
Originally published by Cortes Law Firm

Do not give a lump sum inheritance. #shorts

Watch on YouTube here: Do not give a lump sum inheritance. #shorts Originally published by Cortes Law Firm