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Oklahoma Business, Estate Planning And Real Estate Law Blog
Should your clients create an estate plan?
As a life insurance agent or finance professional, you speak with your clients about very sensitive matters. In today’s society, people are often reluctant to speak about personal finances even with close family members. Young and middle-aged people tend to avoid the...
The importance of regularly reviewing estate plans
Oklahoma residents often revise their estate plans when they have children, marry or divorce, but it may be prudent to revisit documents like wills, trusts, health care directives and powers of attorney on a regular basis and not just after major life events. The...
Four tips for drafting a business contract
As an Oklahoma business owner, you enter into multiple agreements with vendors and clients. Your company relies on these agreements to run successfully. But if you only use a handshake to seal the deal, the other party may not honor your terms. When you enter into any...
5 critical tools you should have in your estate plan
Estate planning can be a difficult topic of conversation. People don't necessarily like to think about what happens when they pass away or the possibility of being incapacitated. As such, people might delay or decide against estate planning, which can be a big...
Director’s will provides warning for others
Many Oklahoma residents are fans of director John Singleton's innovative filmmaking. Estate planning experts warn, however, that they should not emulate his choices when it comes to making a plan for the future. Many people put off writing a will or creating a trust...
Intestate succession in Oklahoma
Adults in Edmond are advised to start the estate planning process early on in their lives. A central piece of any estate plan is one’s will. In it, a person stipulates how (and to whom) they want their assets dispersed. Yet what happens if one dies without a...
Remember your estate plan when you divorce
If you and your spouse are among the Oklahoma couples who took the time to create a solid estate plan, you should feel good about that. However, if you and your spouse are now embarking on a divorce, your plan will need renewed attention as certainly the decisions you...
What are signs of undue influence?
When Oklahoma residents write their will or handle other estate matters, it is generally believed that they are getting across the exact message they want. Unfortunately, that isn't always the case. We at Lidia Law Firm, P.C., will explain undue influence and its...
Can you leave assets to charity?
As a resident of Oklahoma, you may want to pass on a portion or the entirety of your assets to charity after your passing. But is it possible to do that? Fortunately for you, this is why charitable trusts exist. According to How Stuff Works, charitable trusts can hold...
Are you making succession plans for your business?
Oklahoma business owners like you have more than the average resident to worry about when it comes to drafting trusts, wills, or other end-of-life plans. This is because you have your business to worry about, too. How can you ensure that it passes down in the way that...
