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’s 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?

Think of a living trust as 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.

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’s complete finances a matter of public record, viewable online by anyone. A living trust would have kept it private and saved the family months of stress.

Side by Side

Trust vs. Will — What’s the Difference?

FeatureWillLiving Trust
Probate required?YesNo — avoids probate
Public record?YesNo — stays private
Effective when?After death onlyDuring life AND after death
Protects if incapacitated?NoYes
Cost to settle estate?Probate fees (3–7%)Minimal

Your Options

Types of Trusts Available in Oklahoma

Every family’s situation 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’s government benefits while still providing 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 goes to your family.

Educational Trust

Restricts trust funds specifically for education expenses — grantor names trustee and beneficiaries.

Does a Living Trust Replace a Will?

No — and this is a common misconception. A living trust dramatically simplifies your will, but most trust-based plans include a “pour-over will” as a safety net. Both work together.

Find Out If a Trust Is Right for Your Family

Call McCann Law in Tulsa for a free, no-pressure consultation.