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Michael Graham
Dallas, Texas
The attorneys at The Graham Law Firm, P. C., limit their practice to three specific areas, Estate Planning, Probate and Trust Litigation, and Administration of Estates and Trusts.
Interests: Estate Planning, Probate and Trust Litigation, Administration of Estates and Trusts
Recent Activity
I today came across an excellent post by Tyrone Speller, the black President of Phi Delta Theta at Oklahoma University. No, it isn't a black fraternity, it is racially mixed, just as our cities, our churches, our clubs, and our places of work. Let's see what someone who is actually... Continue reading
Posted Mar 13, 2015 at The Graham Law Firm
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We all leave things behind. Sometimes they aren't important, sometimes they are. My Favorite YouTube Video of the Week. The Dog Who Returns What You Left... ON THE PLANE! This gets my award for the best idea and feel good video of the month. We are accustomed to seeing dogs... Continue reading
Posted Mar 6, 2015 at The Graham Law Firm
It may seem harsh, but sometimes, common sense really should apply. According to the Norman Transcript, there are no rules in the Oklahoma Veteran Department’s handbook to prevent workers from accepting gifts from the estate of a former resident at the Norman Veterans Center. Why should paid caregivers be prohibited... Continue reading
Posted Feb 2, 2015 at The Graham Law Firm
Your daughter is away at college. She hasn’t called for a day or two. If she is sick, and needs to be in the hospital, and somewhere else that can help her recover, what about everything that needs to be taken care of? She cannot pay her bills, cannot cancel... Continue reading
Posted Dec 19, 2014 at The Graham Law Firm
Your daughter is away at college. She has an auto accident, bad flu, or is hurt and doesn’t want to talk about it to you or anyone. How will you obtain information about what happened? HIPAA was passed by the US Congress almost 20 years ago. It stands for the... Continue reading
Posted Dec 18, 2014 at The Graham Law Firm
Your daughter is away at college. What if she needs medical treatment, and is hurt to where she cannot make decisions herself. Enter the Health Care Power of Attorney! HIPAA (the Health Insurance Portability and Accessibility Act) was passed by Congress in 1996. Yet almost 20 years later, it remains... Continue reading
Posted Dec 17, 2014 at The Graham Law Firm
Your daughter is away at college. She hasn’t called for a day or two. No answer on her cell phone. What is going on? In a previous post, I wrote about HIPAA, and the way it blocks parents from medical information about their adult (18 years and older) children. This... Continue reading
Posted Dec 16, 2014 at The Graham Law Firm
Your daughter is away at college. She hasn’t called for a day or two. No answer on her cell phone. What is going on? “HIPAA” is an issue for parents with children away in college HIPAA. The Health Insurance Portability and Accountability Act, passed by Congress in 1996. Primary goal?... Continue reading
Posted Dec 13, 2014 at The Graham Law Firm
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I have four sisters and brothers, and three have taken out loans against their share of any inheritance — significant loans, like in the $75,000 range. Dad has been tracking these loans and has provided in his will a formula for adjusting the split accordingly. However, he recently decided that... Continue reading
Posted Nov 28, 2014 at The Graham Law Firm
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It's a high-stakes multi-million-dollar sibling rivalry that reads like a Hollywood movie script and is playing out in a federal courtroom in Covington. And an end to the nearly 20-year drama may be just six months away, as a judge set a trial date for early May 2015 in the... Continue reading
Posted Nov 27, 2014 at The Graham Law Firm
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The children of late billionaire Richard Mellon Scaife are accusing their father of misspending a family trust fund–one worth $210 million–to keep his newspaper printing. The executor of their father’s state vowed to fight the children in court and called their allegations “outrageous, frivolous and contrary to the terms of... Continue reading
Posted Nov 26, 2014 at The Graham Law Firm
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My father-in-law left land to my mother-in-law, stating that it goes to the kids. A conflict has erupted. Now she wants to sell it so the kids will quit fighting. My mother-in-law is saying she wants the checks made to the kids separately. Would it be better tax-wise for her... Continue reading
Posted Nov 25, 2014 at The Graham Law Firm
Disinheriting a child is a difficult choice. But sometimes, more is a problem, even bad for the child. Or perhaps the child doesn’t represent what you value. If disinheriting is the choice, there are do’s and don’ts to remember. Are you thinking about disinheriting a child from your estate? Make... Continue reading
Posted Nov 24, 2014 at The Graham Law Firm
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For your estate plan to remain a valuable asset for you and your heirs, you would be wise to avoid these eight common mistakes. Decide to get my estate in order, check. Get my estate plan prepared, check. Am I done? Not so fast. It is not enough to decide... Continue reading
Posted Nov 21, 2014 at The Graham Law Firm
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A 2012 study of 3,200 wealthy families by U.S. Trust showed that 70 percent failed to successfully transfer the family's assets to the succeeding generation. Three reasons: lack of communication among family members; absence of a generally acknowledged purpose for family possessions; and lack of preparation on the part of... Continue reading
Posted Nov 20, 2014 at The Graham Law Firm
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Waiting to create an estate plan could result in significant out-of-pocket costs at the end of life. Or even worse, it could result in a person with Alzheimer’s disease being subject to the will of the courts. With the number of individuals suffering from Alzheimer’s skyrocketing, there is no time... Continue reading
Posted Nov 19, 2014 at The Graham Law Firm
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The remains of Jim Thorpe can remain in Jim Thorpe, Pa. That was the ruling handed down on recently by a federal appeals court in Philadelphia. The dispute between the family of the legendary Native American athlete and a small Pennsylvania town named after him, brings to mind an issue... Continue reading
Posted Nov 18, 2014 at The Graham Law Firm
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Gresham, a clinical psychologist, advocates laying the groundwork for the estate-planning talk with a few separately held, lead-up discussions on family values and history. After all, she said, “You want to build a sense of bonding and family before you introduce material that could be emotionally loaded.” When is the... Continue reading
Posted Nov 17, 2014 at The Graham Law Firm
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You already may have resolved to create and monitor your business plan and develop a succession plan for your business. The first part of the resolution is fairly easy to achieve. After all, everyone with a business needs a business plan. But few of us really consider what would happen... Continue reading
Posted Nov 3, 2014 at The Graham Law Firm
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According to the new survey, the most common types of financial loss reported: funds disappearing from accounts (reported by 33%); unauthorized purchase of products or services (reported by 23%). Are you or anyone you know a victim of elder abuse? With the occurrence of elder abuse largely underreported, there is... Continue reading
Posted Oct 31, 2014 at The Graham Law Firm
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There is no one right way to be a caregiver; everyone’s situation is different. You will find that, among a host of things, family dynamics, financial resources and the ability of your parent(s) to provide guidance for the support that they desire will shape your situation. If you've been tasked... Continue reading
Posted Oct 30, 2014 at The Graham Law Firm
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Are you childfree? Are you planning with an elder parent? Do any of your potential beneficiaries have special needs that must be taken into consideration? Are any of your beneficiaries minors? The first step of planning is to take a moment to consider what makes your situation unique. Although estate... Continue reading
Posted Oct 29, 2014 at The Graham Law Firm
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With a little research, a family should be able to find a suitable home for their estate and leave a lasting legacy — whether they are rich, Bill-Gates-rich, or not wealthy at all. An important question we should all be asking ourselves, is what kind of legacy do we want... Continue reading
Posted Oct 28, 2014 at The Graham Law Firm
New studies are providing more current cost estimates. “What we found was shocking,” Mandell said. “This is a huge hit on families.” The costs to care for a child with special needs is on the rise, as reported in a new study in the medical journal JAMA Pediatric. The study... Continue reading
Posted Oct 27, 2014 at The Graham Law Firm
Passing down your home is so much more than just a transaction. It’s a delicate process that affects your entire family—and with good reason. The timing of creating an estate plan doesn't necessarily coincide with a certain age. As pointed out in a recent Forbes article, titled "Passing Down Your... Continue reading
Posted Oct 24, 2014 at The Graham Law Firm