How to Stop Stalling and Write Your Will 

by Jim Lyon | Sep 4, 2020 | blog, Blog: Estate Planning

Despite what some people believe, estate plans are not only for the wealthiest or the oldest individuals. While simple estate planning documents like wills can benefit everyone, it is easy to delay writing them. After all, no one likes to be confronted with the idea...

How to Anticipate Tax Changes with a Potential Administration Change

by Jim Lyon | Aug 14, 2020 | blog, Blog: Bankruptcy, Blog: Estate Planning

In a Wall Street Journal article published last month, Philip DeMuth commented that Americans currently live in an ideal age of taxes due to President Trump’s 2017 Tax Cuts and Jobs Acts. Unfortunately, however, the tax advantages offered through various regulations...

Appreciating the Importance of Medical Directives During the Pandemic

by Jim Lyon | Aug 7, 2020 | blog, Blog: Estate Planning

As the coronavirus pandemic continues throughout Oklahoma, many people are faced with the question of whether their estate plan is sufficient. While many people think that a will is sufficient, it is often important to create other critical estate planning documents....

Estate Planning Basics as Children Head Back to School During the Pandemic

by Jim Lyon | Jul 31, 2020 | blog, Blog: Estate Planning

Oklahoma public schools are poised to return on August 10th. Understandably, going back to school during the COVID-19 pandemic has given many people time to think about the strengths and weaknesses of the system. Even if you work somewhere other than a school or...

Four Essential Inherited IRA Rules That Beneficiaries Should Know

by Jim Lyon | Jul 24, 2020 | blog, Blog: Estate Planning

If you are like one of many people who inherited an individual retirement account (IRA) this year, you likely have countless questions involving estate planning and taxes. While it can be a financial advantage to inherit an IRA account, there are still taxes to worry...