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Category Archives: M. Joe Crosthwait, Jr.

Do I Need A Prenuptial Agreement?

Prenuptial agreements, also known as premarital agreements or even “prenups”, are agreements between prospective spouses made in contemplation of their marriage. A prenuptial agreement helps a married couple establish what is yours, what is mine, and what is ours. These agreements become effective upon marriage, and deal with how you and your spouse’s finances are… Read More »

M. Joe Crosthwait, Jr. Receives Joe Stamper Distinguished Service Award

At the 2018 Oklahoma Bar Association annual meeting, M. Joe Crosthwait, Jr., was presented with the Joe Stamper Distinguished Service Award. This award recognizes Joe for his long-term service to the Oklahoma Bar Association and his contributions to the legal profession overall. In addition to a term on the Oklahoma Bar Association’s  Board of Governors,… Read More »

Basics of Estate Planning – Part Two

Goals of Estate Planning Here are four goals for every estate plan: Every estate plan should increase and preserve your property during your lifetime. This includes managing liquidity, building or increasing retirement benefits, and minimizing tax burdens. Every estate plan should provide for your beneficiaries after your death, with provisions tailored to each beneficiary’s specific… Read More »

Planning For Your Children

If you are a parent of a young child or children, having an estate plan in place is more important than ever. No one knows your child better than you do, and a proper estate plan should provide for his or her care and maintenance, ensuring that he or she will be properly cared for… Read More »

Small Estate Affidavits in Oklahoma

Effective November 1, 2017, the limit for Small Estate Affidavits increased from $20,000.00 to $50,000.00. This is a considerable plus for the distribution of small estates as it can avoid the necessity of a costly probate. In Oklahoma, there are two (2) types of Small Estate Affidavits. The first, authorized by 58 O.S. § 393,… Read More »

Estate Planning and the Special Needs Trust

A Special Needs Trust is a specific trust which ensures that a beneficiary remains eligible for Supplemental Security Income, Medicaid, and other government benefits. It also provides for distributions for medical care not covered by Medicaid as well as other enhancements to the beneficiary’s quality of life. Your will should provide your Personal Representative the… Read More »

Who Should Serve as Trustee of My Trust?

If those you have chosen as Trustee lack the ability or knowledge to implement your directions, then regardless of how well prepared your estate planning documents are, especially your trusts, your estate planning goals may fail. The following are some things to think about when you choose a Trustee: (1) Does your prospective Trustee have… Read More »

M. Joe Crosthwait, Jr. Reelected Chief Master of Professional Responsibility Tribunal

On June 28, 2017, M. Joe Crosthwait, Jr., was reelected as Chief Master of the Professional Responsibility Tribunal. This is his second term as Chief Master, with his term beginning July 1, 2017, and ending June 30, 2018. The Professional Responsibility Tribunal’s  function is to conduct hearings on formal complaints filed against lawyers and on applications for… Read More »

M. Joe Crosthwait, Jr. Reelected as ABA State Delegate

In the 2016 State Delegate Elections,  M. Joe Crosthwait, Jr. was once again elected American Bar Association State Delegate for a three-year term effective at the conclusion of the 2017 New York Annual Meeting. Mr. Crosthwait has served in the House of Delegates almost continuously since 1994. This is his second term as State Delegate and member of the… Read More »

M. Joe Crosthwait, Jr. to Serve on Oklahoma Lawyers for Children Board of Directors

M. Joe Crosthwait, Jr. has been chosen to serve on the Board of Directors for Oklahoma Lawyers for Children. Oklahoma Lawyers for Children “is a team of volunteer lawyers and citizen-volunteers protecting and supporting children in the foster care system…funded by private grants and donors, and each donor dollar provides over $13 in legal services.”… Read More »