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Dawn D. Hallman

Attorney at Law

 
 

Ask about:

  • Revocable Trusts
  • Irrevocable Trusts
  • Durable Power of Attorney
  • Medical Power of Attorney
  • Advance Directive
  • Living Will
  • Last Will and Testament
  • Special Needs Trust
  • Disability Planning
  • Asset Protection
 


Services

Estate Planning

Regardless of whether you are just starting a family, a career, or are facing retirement, an estate plan can protect the financial security of you and your loved ones. For many years, Oklahoma attorney Dawn Hallman has worked with individuals, families, and businesses in creating wills, trusts, and business continuity plans customized to meet the needs of our clients. Our office regularly works with financial planners, tax experts, and other professionals in developing legally sound estate plans that are positioned to stand the test of time.

Representing people in and around Cleveland County, we have the experience and knowledge needed to help protect your family or business. To schedule an appointment and discuss your case, contact estate planning lawyer Dawn Hallman today.

When creating an estate plan, you should think about the following:

Wills and Trusts:

A Will page allows you to specify who will inherit certain items or assets from your estate, who will act as your estate's executor, how you would like to be buried, and what sorts of medical decisions should be made if you are incapacitated. Wills can be simple or advanced, addressing all sorts of financial, property, and healthcare issues depending upon your needs.

A trust can be used to transfer assets in order to qualify for Medicaid, fund the healthcare needs of a disabled loved one, support a cherished cause, or provide support and maintenance for a child, spouse, family member, or pet. There are many different kinds of trusts from special needs trusts, to testamentary trusts, to revocable / irrevocable trusts.

Estate Administration and Probate:

After the death of a family member you will have to administer the estate, usually through probate. Simplify this process by clearly defining your wishes. If you are an executor, administrator, or trustee, you must adhere to fiduciary duties when administrating a trust.

Businesses and Taxes:

Important aspects of estate planning deal with business succession planning and taxes. Both attempt to minimize the tax liability faced by your estate after you die. Estate tax law will subject estates valued over two million dollars to tax liability. To avoid tax liability, it is important to create the right business entity.

Advanced Directives and Powers of Attorney:

Besides ensuring that your financial wishes are carried out upon your death, it is wise to provide instructions about the health care you desire to receive if you become incapacitated. Advanced directives are detailed instructions about this issue. Powers of attorney authorize another to make decisions about your finances and healthcare if you are unable to do so.

There are many things to consider when creating an estate plan. Please contact us to discuss your estate administration options.