Andalusia, AL asked in Estate Planning, Mergers & Acquisitions and Real Estate Law for Oklahoma

Q: Does Oklahoma support the Enhanced Life Estate Deed? Can a Enhanced Life Estate Deed be completed without a lawyer?

What is cost if required with lawyer?

1 Lawyer Answer

Tyler R. Barrett

Answered
  • Estate Planning Lawyer
  • Norman, OK
  • Licensed in Oklahoma

A: Hi, thanks for your question. In Oklahoma, we call this a Transfer-on-Death Deed. Our statutes specifically authorize it. I cannot speak for other attorneys. However, I typically do estate planning matters on a flat fee - which varies depending on the nature and complexity of the documents I am preparing. This could range anywhere from a couple hundred dollars to $2000 or more. Obviously, my fee would be minimal for a Transfer-on-Death Deed. That said, I recommend consulting with knowledgeable estate planning attorney about your financial and personal circumstances as well as your wishes to determine if a Transfer-on-Death Deed is right for you or whether you might want to consider other and/or additional documents.

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