#4 Way to Avoid Probate after Death: Government Death Benefits
This is the third article in the series 6 Ways to Avoid Oklahoma Probate after Death.
Yes, there is a government angle to this series also! The amount of money which you can recover under this concept, affidavits may be used by the survivors to obtain death benefits from the Oklahoma Public Employees Retirement System, the Oklahoma Teachers Retirement System and the Oklahoma Firefighters Pension and Retirement System.
Once you have complied with terms of the relevant statutes, which includes submitting an affidavit by the claimant, and a corroborating affidavit from an individual who was familiar with the affairs of the decedent, the Oklahoma government government agency may, in its discretion, pay out the death benefit not to exceed the amount permitted. You will be required to provide proof of payment of debts of the decedent, but the government agency is not required to have proof the payment of any estate tax liability.
I provide probate and Trusts and Will in Edmond, Oklahoma City and the Metro area. If you want to discuss this article or anything about probate or transfer of assets of please feel free to email me at sjr@shawnjroberts.com.
Keep up the good work, at least youre giving out tips that worth something, not same old chewed out stories everyone can write.
I’m trying, I appreciate your comment.
Excellent Article!!!!!!!!
Thank you, I appreciate it!
Shawn