Protect Your Legacy
Trust Attorney in Tulsa, OK
Living Trusts, Estate Protection & Probate Avoidance for Oklahoma Families
Living Trusts
What Does a Trust Attorney Do?
A trust attorney drafts and structures legal trust agreements tailored to your family situation. At McCann Law, Mike guides you through every decision — what assets to transfer, who your trustee will be, who benefits, and how distributions happen.
What Is a Living Trust?
A living trust is a legal container that holds title to your property. You transfer assets into the trust, name a trustee, and designate beneficiaries. In most living trusts, you serve as trustee and beneficiary during your lifetime — you stay in complete control.
When you pass away or become incapacitated, a successor trustee takes over seamlessly — no probate court, no public record, no delay for your family.
A Real Story
Mike once worked with the executor of a $20 million estate. Because the plan relied on a will rather than a trust, the entire estate had to be probated in open court — making the family finances a matter of public record viewable by anyone online. A living trust would have kept it private and saved months of stress.
Side by Side
Trust vs. Will — The Key Differences
With a Living Trust
No probate required
Stays private — not a public record
Effective during life AND after death
Protects you if incapacitated
Minimal cost to settle estate
With a Will Only
Must go through probate
Becomes public record in court
Effective after death only
No protection if incapacitated
Probate fees: 3-7% of estate
Your Options
Types of Trusts Available in Oklahoma
Every family is different. McCann Law can evaluate and draft these trust types:
Revocable Living Trust
The most common. You retain full control during your lifetime. Avoids probate and keeps your affairs private.
A-B Trust
For married couples seeking to minimize estate taxes. Sometimes called a bypass trust.
Special Needs Trust
Protects a disabled beneficiary from losing government benefits while still receiving financial support.
Qualified Income Trust
Helps reduce income to qualify for Medicaid coverage for long-term care.
Life Insurance Trust
Holds life insurance policies outside the taxable estate, maximizing what passes to your family.
Educational Trust
Restricts trust funds for education expenses. Grantor names trustee and beneficiaries.
Does a Living Trust Replace a Will?
No — a living trust dramatically simplifies your will, but most trust-based plans also include a pour-over will as a safety net for any assets not in the trust at death. Both documents work together.
Find Out If a Trust Is Right for Your Family
Call Mike McCann for a free, no-pressure consultation.