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At True North Law Group, we regularly meet with individuals and families who have done the right thing—they created a revocable living trust. But we often hear this:   Since my assets are in my trust, they’re protected from lawsuits and creditors… right?   Unfortunately, that’s a dangerous misconception. A revocable trust is an excellent estate planning tool. It is not an asset protection tool during your lifetime.   Let’s clarify why.   What a Revocable Trust Actually Does A

Planning for long-term care is one of the most important financial decisions a person and their family can make. In Oklahoma, as in many states, the cost of nursing home care or in-home care can quickly deplete a lifetime of savings. According to the American Council on Aging, the estimated average cost per year for 2026 in Oklahoma for a private room at a nursing home is $97,820 and $82,951 for a shared room. A Medicaid Asset Protection Trust (MAPT) is a powerful tool that h

Like other important life tasks, your estate plan deserves your continued time and attention. We recommend that you work with us to review it every three to five years (or more frequently, depending on your circumstances). Think of it as your estate plan’s preventive check-up, and remember: prevention is the best cure. A routine preventive check-up is not necessarily the only time we see a doctor. Similarly, a preventive planning meeting is not the only time to consider your