Although you put considerable thought into how your registered or formed your business, you have the option to change your business structure. By changing your business entity, you could attract new investors or give yourself a considerable financial advantage by...
Capital gains taxes take a significant chunk out of the profit you make in real estate. According to SmartAsset, Oklahoma has a relatively low capital gains tax rate of 4.75 percent maximum. However, coupled with the federal rate, you might lose as much as 29.75...
You may be aware that estate planning is important. However, you may continue to put it off. The reality is that it is important to have your affairs in order, in the event that the unexpected occurs. Here are some common times when estate planning may be even more...
Running a business is complex. Contracts on many operational matters are necessary for everything to work smoothly. When a deal contains flaws, undoing the damage becomes a litigation nightmare. Knowledge of what confuses an agreement assists in avoiding...
Oklahoma has rigorous chain of ownership laws. If someone makes a claim on your property, or you believe you are the rightful owner, a title opinion might clarify the rightful owner. According to Oklahoma Statutes, §16-66, anyone with a claim contrary to the title...
When you purchase a home, you receive a title to the property stating that you own the property. Title insurance protects you and/or your lender from any claims that you do not fully own the property. According to Fortune, in 2021, homes sold at the fastest rate than...
Some adults with disabilities require lifelong care, which may include legal guardianship. If you care for a disabled family member, you have probably considered what will happen if your loved one outlives you. As the legal guardian of a disabled adult, you must...
A will determines what happens with your assets after your pass. After your death, courts will verify the will and settle the estate according to the will's contents in a process called probate. Probate tends to be long and expensive. Alternative forms of estate...
Building a successful business can be the crowning achievement of your professional life. You will need to plan for what happens if you retire or are no longer able to continue running the business. Succession planning can be complex. Consider these key factors when...
Title insurance protects buyers from defective titles. In Oklahoma, title abstracts can complicate real estate transactions. Without title insurance, you may purchase a property only to find out someone else has a claim to the land. If you want to purchase land in...