Practice Areas & Law Firm Services

The Jackson Law Firm offers comprehensive estate planning services for high net-worth individuals in Oklahoma City, Tulsa and Edmond, with particular expertise in asset protection, business continuation, charitable planning, tax-sensitive estate planning and probate administration. We utilize advanced tax and estate planning strategies to maximize our clients' tax savings. We invest the time in getting to know your business, your financial situation, and your desires and objectives. We will then carefully craft a comprehensive plan that accomplishes your goals, minimizes your tax implications, and simplifies the management of your financial and legal affairs.

Estate Planning Services in Oklahoma

We recognize that every client's situation is unique and we prepare every client's estate planning documents accordingly. A properly executed estate plan takes into consideration various contingencies, including your subsequent incapacity or disability. Revocable (Living) Trusts are frequently used to avoid probate administration, and the firm also utilizes Pour-Over Wills, Durable Special Powers of Attorney, Health Care Powers of Attorney, Living Wills and other advance directives. Mr. Jackson's expertise includes:

• Planning for legal disability
• Retirement benefit planning, including careful coordination of beneficiary designations
• Planning for non-citizen spouses, including Qualified Domestic Trusts (QDOT) trusts
• Medicaid and long-term care planning
• Planning involving Irrevocable Life Insurance Trusts (ILITs)
• Planning involving second marriages

Guy Jackson is known for using creative and progressive planning techniques that minimize estate and generation-skipping transfer taxes and preserve family harmony while accomplishing your objectives. He frequently lectures on topics related to estate planning, probate and taxation issues for state and national bar and other professional organizations. To learn more about the Edmond, Oklahoma City and Tulsa estate planning services offered by our law firm, contact us today at (405) 285-9988.

Business Succession Planning

Mr. Jackson is frequently brought into the planning process when a family business is being sold or when a family member is retiring from the business and wants to explore business succession planning options. Mr. Jackson can formulate tax savings strategies for the sale of a business, including Buy/Sell Agreements and utilizing advanced planning techniques such as gifts of fractionalized interests, including sales to Intentionally Defective Grantor Trusts (IDGTs). Mr. Jackson is sensitive to the need to preserve harmony within the family, and the emotional and psychological impact that often accompanies the transfer of a family business from one generation to the next.

Charitable Planning

If you have charitable inclinations, or if you are contemplating the sale of an asset with a relatively low cost basis, and would like to minimize the capital gains tax consequences of the sale, Mr. Jackson can advise you and assist you with the preparation of a Charitable Remainder Trust (CRT), Charitable Lead Trust (CLT) or a Private Foundation. As a noted authority in the area of charitable planning, Mr. Jackson is frequently called upon by his peers to lecture at continuing education programs on topics related to charitable planning.

Asset Protection Planning

High net-worth individuals often face an increased risk of exposure to litigation, especially in our increasingly litigious society. Mr. Jackson can advise you on advanced asset protection planning and wealth preservation strategies including the use of Family Limited Partnerships (FLPs), Limited Liability Companies (LLCs), business protection involving the use of corporate entities, and Delaware Asset Protection Trusts. Mr. Jackson can also advise you on the use of multi-generational Dynasty Trusts and irrevocable trusts.

Mr. Jackson has written and lectured extensively on the subject of asset protection planning and is particularly sensitive to the ethical rules governing estate planners with respect to this area of planning. Mr. Jackson will not recommend any strategies that could constitute a "fraudulent conveyance" in violation of state or federal law, which could be deemed voidable in a bankruptcy proceeding, or could be legally voided by a creditor or bankruptcy trustee.

Trust Administration

In addition to crafting creative wealth preservation strategies, Mr. Jackson offers complete trust administration services, both during the lifetime of the trustor(s) and following the death of one or both trustors.  During the trustor’s lifetime, Mr. Jackson advises clients regarding the use of notices to beneficiaries when a gift has been made to an irrevocable trust (which are referred to as Crummey notices after the definitive case in this area), and prepares and files gift tax returns and fiduciary income tax returns. 

Following the death of a trustor, Mr. Jackson advises trustees regarding the trustee’s duties, powers and standards, accounting and recordkeeping requirements, management and investment of trust assets, creditor’s rights against trusts and beneficiaries, trustee compensation and lawyer’s fees, subtrust funding, income taxation of trusts, and estate tax returns.

Probate Administration

Mr. Jackson also has considerable experience in probate administration, particularly with the administration of complex estates, including estates involving an ongoing business entity; estates with significant assets, including multiple interests in real property; and estates involving assets in several states.  Mr. Jackson is well-versed in the administration of estates involving estate tax and generation-skipping transfer tax consequences.

Availability as an Expert Witness or Consultant

Mr. Jackson has been called upon by fellow lawyers to serve as an expert witness or consultant in trust and estate litigation or probate litigation matters.  With over 25 years of experience in estate planning and taxation law, Mr. Jackson is available to serve as a proactive partner in litigation, offering an objective evaluation of estate planning documents and taxation issues, strategic support during preparation, innovative approaches to the case, and expert witness testimony at trial.  Mr. Jackson has the unique ability to present complex trust, estate and taxation issues in a clear and understandable manner, a trait that can prove invaluable throughout the litigation process.

Consult Experienced Oklahoma Estate Planning and Taxation Counsel

For a consultation regarding our services, contact The Jackson Law Firm today at (405) 285-9988.  We serve clients throughout Oklahoma, including clients in Edmond, Oklahoma City, Tulsa, and the surrounding areas.