The city of Chickasha in Oklahoma’s Grady County may only have a population which hovers around 16,000, but many notable past and present individuals have had the privilege of calling this quieter community home. Major league baseball player Terry Humphrey, country music personality Merle Kilgore, children’s author Bill Wallace, and NFL defensive tackle Sam Rayburn were all born and raised in the area.
Like many cities throughout Oklahoma and other “western” states, Chickasha was born from the construction of a post office being built after the completion of the Chicago, Rock Island and Pacific Railway. The post office was established in 1892, and the town was incorporated a decade later.
Working in the Best Interests of Chickasha Families
The city may not have a lot of modern buildings, but it certainly does have history – just as many of the families in the area do. Families who establish themselves in Chickasha rarely leave the area due to its small town feel, growing economy and seasonal temperatures. This is why we at the Rick Dane Moore and Associates Law Firm, PLLC often receive questions from people in the Chickasha area about setting up a “trust”.
What Is a “Trust?”
A “trust” is an arrangement or an agreement which tells another living person (who will be your trustee) how they are to take care of you property and finances after your death. In the United States, anyone who is over the age of 18 can be appointed as a trustee. Some individuals will choose to appoint their bank or trust company as a trustee, or they even appoint themselves.
What Is a “Living Trust?”
A living trust is on which has been created why you are alive as opposed to one which will be created at your death.
What Items Can Be Included in a Trust?
Mostly anything which an individual owns can be included in a trust. Any personal property or real property can be included and the intention is that these items will be for the benefit of another person.
Another option which many who are considering a trust have, is to place their money, real estate and personal property into a trust for their own benefit. You can then designate an individual as your trustee to handle your assets should you become impaired in some way. This gives you the peace of mind that you will be taken care of even if something beyond you control takes place.
Why You Should Talk to Us
At the law office of Rick Dane Moore and Associates, PLLC, we always recommend that those setting up a trust speak to us first. Our Qill and Trust experts will draw up solid trust documents which will ensure that everything you want to be included will be and that your trust can be in no way disputed by someone else who may want access to your assets.
Contact us today at (405) 366-0373 to schedule a free initial consultation to discuss setting up a Trust.
Directions to Our Norman, OK Family Law Attorneys From Chickasha
These directions are from Google Maps starting from:
Total Est. Time: 30 mins
Total Est. Distance: 31.2mi
- Head east on US-277 N/US-62 E/W Choctaw Ave toward N 3rd St
- Turn left to merge onto I-44 E toward Oklahoma City/Turnpike
- Merge onto I-44 E
- Keep right at the fork to stay on I-44 E
- Take the exit toward H.E. Bailey Spur/Norman/Blanchard
- Merge onto H. E. Bailey Turnpike Norman Spur
- Continue onto OK-9 E
- Turn right onto Western Ave
- Destination will be on the right
We are located at: