When you talk to people about estate planning, you usually find out two interesting things. First and foremost, they understand that estate planning is important and they know that they will need at least a will to pass their assets on to their family. Second, you'll...

Skilled Oklahoma Estate Planning, Business And Real Estate Lawyers
Oklahoma Business, Estate Planning And Real Estate Law Blog
3 reasons to include powers of attorney in your estate plan
Powers of attorney serve a key role in someone's estate plan. They allow a testator to designate someone to fulfill certain obligations or perform certain actions in the event of their incapacitation. Some people feel an aversion to powers of attorney because they...
Use a trust if you want to avoid probate
If you have heard of a revocable living trust before, now is a good time to go back over what it is and how it could help your family avoid probate if you pass away. A revocable living trust allows you to make changes to the trust during your lifetime. It offers you a...
Building your estate plan? Add a health care power of attorney
In your estate plan, you have many legal documents that will help protect you and the people you love in the future. Good estate planning minimizes taxes, passes on assets to heirs and even helps you qualify for Medicaid as a part of your long-term care planning....
Why should every business agreement become a written contract?
As the owner, manager or executive of a business, contracts are part of your daily life. You need to sign new contracts, review existing ones and make sure that your company fulfills its obligations as outlined. Some people have an aversion to putting things in...
Are you aware of the most common misconceptions about trusts?
Trusts are estate-planning tools that are often misunderstood by those who are starting to plan their estate. When people misunderstand trusts, they may dismiss them as an option without appreciating the benefits that they could have. Moreover, they may use them...
Why Would You Want To Avoid Probate?
When a person dies, Oklahoma provides for the probate process by which the deceased person's property is subject to evaluation. The probate process can be a simple or complicated process depending on the number and types of assets a person owns. The probate court will...
Why do I need a living will?
There are many critical components of an estate plan. And it can be overwhelming to think about every one of them when you are starting to think about your wishes and your legacy - especially if you are young and healthy. That said, there are a few documents every...
Are you prepared for future health challenges?
Many of us have a plan in place for the future. Perhaps you have a savings plan for a future vacation. You may have retirement savings. Writing your will may have let you look prepare for a more distant future, providing for your loved ones, ensuring that your...
Sole proprietorship or LLC?
Your choice of business entity is the foundation of your company. There are various types of business structures, each with its advantages and disadvantages. Two of the more common entities are sole proprietorships and limited liability companies, or LLCs. Advantages...