Heritage Trust Takes Four-Step Approach to Planning and Engagement

Heritage Trust  pic
Heritage Trust
Image: heritagetrust.com

    The former general counsel and senior vice president of Devon Energy Corporation in Oklahoma City, Duke Ligon is a legal professional with years of experience in corporate litigation. In addition to his current role as the owner and founder of Mekusukey Oil Company, Duke Ligon maintains a position as a member of the Board of Directors of the Heritage Trust Company, a privately owned trust bank also located in Oklahoma City.

Founded in 1998, Heritage Trust is responsible for the management of $15 billion in assets. The company operates with the goal of establishing positive, personalized relationships with clients, and takes a four-step approach to the engagement and planning process, as outlined below.

1. The planning begins with the execution of agreements. On the first day of dealings, the professionals at Heritage Trust focus on establishing a client’s trust or agency agreement, arranging for the transfer of assets, and completing the necessary paperwork.

2. Over the next two to four weeks, Heritage Trust employees work alongside clients to discuss account objectives, financial plans, and a questionnaire on risk tolerance before making asset investments as detailed in the client’s personalized plan.

3. As the partnership progresses, Heritage Trust maintains consistent communication with the client by producing monthly statements, releasing performance reports once per quarter, and taking the initiative to reach out and discuss decisions about the direction of a portfolio proactively.

4. At the year mark, Heritage Trust presents an annual review, in which the performance of a client’s portfolio is judged, financial plans receive updates, and investment objectives can be reviewed and changed as needed.


Nature Conservancy Protects Key Oklahoma Environments


Civil War Trust Promotes Video Honoring the Brave 54th Massachusetts

The Civil War Trust pic
The Civil War Trust
Image: civilwar.org

Duke Ligon, currently head of Mekusukey Oil Company, LLC, in Oklahoma City, Oklahoma, serves on the boards of directors of other energy companies in the region, including Blueknight Energy Partners, L.P. Additionally, Duke Ligon is an active and committed philanthropist, supporting numerous nonprofit organizations as a board member, donor, and fundraiser.

Among these is the Washington, D.C.-based Civil War Trust, dedicated to preserving the heritage of Civil War and Revolutionary War battlefield sites for the education of future generations. The trust’s work includes the public education efforts of its website, which offers links to vivid virtual history lessons that include a short video on the 54th Massachusetts Volunteer Infantry Regiment. This company was made famous through the Oscar-winning 1989 film Glory.

The 54th was among the United States’ first African-American military companies. Although the war had begun in 1860, and supporters of abolition had argued for the inclusion of African-American troops on the Union side, it was not until 1863 that such a unit was allowed to form.

More than 1,000 black soldiers, many from slave states, quickly signed up to serve. Two of the sons of abolitionist Frederick Douglass served in the company. Under the command of Colonel Robert Gould Shaw, the 54th charged the Confederate base at Fort Wagner on the Port of Charleston. Tragically, they were overwhelmed and saw half their number killed, including Shaw. But this brave assault weakened the Confederates to such an extent that they soon abandoned the fort.v

Information about the Isaiah Stone Foundation


Isaiah Stone Foundation pic
Isaiah Stone Foundation
Image: isaiahstonefoundation.com

Duke Ligon is an attorney and business leader in Oklahoma City. The manager and owner of Mekusukey Oil Company, Duke Ligon also sits on the board of the Heritage Trust, an independent trust bank that supports many nonprofit organizations, including the Isaiah Stone Foundation.

The Isaiah Stone Foundation provides support and resources for families of the 400,000 children who have epilepsy in the United States. Epilepsy is a neurological condition that typically causes recurrent seizures.

More than 40 types of seizures are associated with epilepsy, and seizure types vary among epilepsy patients. Seizures range from simply “zoning out” to violent thrashing and stiffness of muscles.

Medical advancements have done little to increase the understanding of epilepsy, so its causes and potential cures remain unknown. Currently, five percent of children born in the United States are diagnosed with epilepsy before they reach the age of 5. To support the families of children with epilepsy through the Isiah Stone Foundation, visit www.isaiahstonefoundation.com.