For fans of Monty Python and the Holy Grail, there is a popular scene that few people can forget. It’s the scene in which a man, with an old man slung over his shoulder, begins bartering with the grave digger to take the elderly man because he claims that he is dead. While the old man insists that he is not deceased, the two other men continue to discuss the very real possibility of him being dead despite the fact that the old man is clearly talking and, in fact, alive.
When it comes to estate planning, most people hope that the process will go easily and there will be few bumps along the way. But when failing health and family feuds get thrown into the mix, the process can get incredibly complicated and leave a mess that only a court judge may be able to sort out.
A recent case brought before a district court by AARP may have made a lot of people here in Oklahoma rethink how decisions made with their homes can affect their estate plans. That’s because the case brought up an interesting problem in some states when it comes to reverse mortgages and surviving spouses.
If done in advance and with the right help from a legal representative, estate planning can be a rather simple process. But while this may be a fact for a majority of people across the state of Oklahoma, it may not necessarily be the case for same-sex couples. As residents here know, same-sex marriage is not recognized in our state, meaning they may not be allowed to follow many of the estate planning processes heterosexual couples enjoy.
By now, many of our readers have heard the news that famed novelist Tom Clancy has passed away at the age of 66. After bringing us such memorable treasures as "The Hunt for Red October" and "Patriot Games," it's hard to imagine what else he may have left behind besides his mark on history.