When most people hear the term “estate planning,” they often think it’s something reserved for the wealthy or elderly. In reality, estate planning is one of the most important steps anyone can take to protect their assets, loved ones, and long-term wishes—no matter their age or income level.
At Matthew E. Riggin, PLLC, we believe that planning ahead isn’t about anticipating the worst; it’s about ensuring peace of mind and financial security for yourself and those who depend on you. Since 1992, our firm has proudly served individuals and families across Tulsa, Oklahoma, providing trusted legal guidance in estate planning, probate, and asset protection.
Understanding the Purpose of Estate Planning
Estate planning is the process of organizing how your assets, finances, and personal wishes will be managed if you become incapacitated or pass away. While it may seem daunting, a well-crafted plan can help prevent unnecessary legal complications and financial strain for those you care about.
An estate plan typically includes key documents such as:
- A Last Will and Testament, specifying how your assets should be distributed.
- A Trust, offering privacy, control, and potential tax advantages.
- Durable Powers of Attorney, allowing someone you trust to handle your affairs if you’re unable to.
- Healthcare Directives, outlining medical preferences in case of serious illness or injury.
Even with modest assets, these tools ensure that your wishes are respected and that your loved ones won’t be left navigating confusion or conflict.
Estate Planning Isn’t Just for the Wealthy
One of the biggest misconceptions about estate planning is that it only benefits people with significant wealth or property. The truth is that everyone has an “estate”—whether it includes a home, savings account, car, or personal belongings.
Without a plan in place, state laws will determine how your assets are distributed. This can lead to delays, higher costs, and outcomes that may not align with your intentions. Estate planning gives you control over these decisions, allowing you to define what happens to your property and who will carry out your wishes.
At Matthew E. Riggin, PLLC, we help clients in all stages of life create plans that reflect their goals and values, not just their assets.
Benefits for Every Stage of Life
For Young Professionals and Growing Families
An estate plan is essential for anyone building their career or raising a family. It ensures that your loved ones are financially protected if something unexpected occurs. Naming guardians for minor children, setting up trusts for their future education, and creating healthcare directives all provide stability and peace of mind.
For Individuals with Modest Assets
Even if you rent your home or don’t have significant savings, estate planning still matters. It helps you outline who should make medical or financial decisions on your behalf and ensures that your personal possessions are distributed according to your wishes—not left to state control.
For Retirees and Older Adults
For those nearing retirement, estate planning helps simplify financial management, minimize taxes, and prepare for long-term care needs. It also prevents family disputes by clearly defining inheritance terms and responsibilities.
The Peace of Mind That Comes with Planning Ahead
Life is unpredictable, but your legacy doesn’t have to be. Taking the time to establish an estate plan is one of the most responsible and compassionate steps you can take. It provides clarity for your loved ones, reduces stress during difficult times, and ensures that your affairs are managed with integrity and care.
At Matthew E. Riggin, PLLC, we take pride in offering personalized, one-on-one legal counsel tailored to each client’s unique circumstances. We take the time to listen, explain your options clearly, and develop a plan that safeguards both your present and your future. With more than 30 years of experience in Tulsa, we have built a reputation for trustworthy guidance and long-term client relationships.
Secure Your Future with Confidence
Estate planning isn’t about wealth—it’s about wisdom. Whether you’re starting a new chapter in life or looking to update your existing plan, now is the perfect time to take control of your future.
📲Call today at 918-251-0213 to schedule a consultation and discover how our experienced team can help you build an estate plan that brings peace of mind and lasting security.