Estate planning can be a challenging concept on many levels. Uncomfortable decisions must be made regarding end of life matters as well as the distribution of assets to surviving loved ones. By developing a comprehensive estate plan, however, individuals can gain...
For most homeowners in Oklahoma, their house is the most valuable thing they own. Others own multiple pieces of real estate, such as rental properties, vacation homes and farmland. Owning property can give families stability, a potential income source, and a place to...
A deed is a document that establishes ownership over a particular property or asset, which makes these documents extremely important. Whoever’s name is on the deed to a home owns the home, but what do you do when you need to get your name on a deed? There are many...
For any entrepreneur, selecting the right business entity is critical. Your choice will affect such issues as the amount of taxes you pay, ownership control if multiple owners exist as well as personal liability issues. You need to determine which entity such as a...
For those people who have gone through a significant life change or have begun to consider drafting an estate plan, choosing an executor is a crucial step. It may seem obvious, but the complicated nature of estate plans means determining who will oversee that plan...
When it comes to estate planning, one thing is certain – everyone has things they can’t take with them when they go. Contrary to popular belief, you don’t need to have significant wealth or assets to justify having an estate plan. But while everyone should have their...
When several restaurants and grocery stores closed temporarily or permanently during the current pandemic, the demand for crops and livestock changed. This has created challenges for many farmers in Oklahoma and across the country. As a result, many of parts of an...
Few real estate markets are as blisteringly hot as Oklahoma City’s. Demand is high and available inventory is low, driving up the median home price and recent closings, according to The Oklahoman. This means prospective buyers need to be ready to act fast. If you...
Every building or property has its history, and title insurance protects you from liability if legal issues arise after you join that history. Title insurance companies investigate a property’s history to ensure that the seller has the right to sell a piece of...
Trusts have been steadily gaining in popularity over the past several years as an estate planning tool that can offer many advantages to certain individuals and their future heirs. Here are some of the ways a trust can be a worthwhile addition to your estate plan, and...