Contact Us
Please fill out the form below and our attorney will contact you.
Our Office
Ratings & Reviews
-
I highly recommend Mr. Arnall for any legal matters you may have, but specifically for divorce issues. He quickly helped me with some trouble with my divorce. He gave me the steps to resolve this matter. He was compassionate and knowledgeab...
Show More -
Utilized my employee legal benefit to search for law firms in the metro that assists with trusts/wills. Scheduled an appointment to get the bulk of my questions and concerns down, then needed to return to sign and notarize. Unfortunately th...
Show More -
Mr. Arnall was the perfect attorney during a time of need while assisting my friend with legal matters. Sandi was able to make appointments that worked with our schedule. We appreciated all aspects of working with this law firm. Mr. Arna...
Show More -
It was the divorced that never would end until Aaron got involved. He kept me focused on the big picture while he took care of everything in between. In the end, Aaron got me everything I wanted and more. He is AMAZING!!
-
Working with Mr Aaron was a great experience! I gotta say him and Ms Sandi because gotta give the secretary credit as well. They remind me of that Netflix series the suit. Harvey n Donna. Just want to thank these guys once again.
- posted: Mar. 21, 2018
- Aaron M. Arnall, Avoiding Probate, Estate Planning, M. Joe Crosthwait,Jr., Probate, Wills and Trusts
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, addresses tangible personal property in which the fair market value subject to disposition by will or intestate succession does not exceed $50,000.00. The second, authorized by 6 O.S. § 906, provides for the use of a Small Estate Affidavit to distribute funds on deposit with banks or credit unions in the name of a sole individual, without designation of a payable-on-death beneficiary, upon the death of the sole owner of the account, provided the total deposits are $50,000.00 or less. The bank or credit union may transfer the funds to the known heirs of the deceased upon receipt of an affidavit sworn to by the known heirs of the deceased. Rest assured, however, debts and taxes of the decedent must be taken into account, as well as the proper individual(s) entitled to receive the property/funds. Contact the experienced attorneys at The Crosthwait Law Firm to assist you in properly completing Small Estate Affidavits to avoid the necessity of a probate.
© 2018 – THE CROSTHWAIT LAW FIRM
