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...
You may not give much thought to the subject of probate since it has to do with your will and the disposition of assets following your death, However, knowing which of your assets are likely headed to probate and which are not will help clarify your thoughts about...
Perhaps you find yourself in the role of a personal representative, responsible for settling the estate of a loved one following his death. The estate is large and there is a lot of work ahead. The prospect is intimidating, but you want to do well. Here are five tips...
A business plan may have one of two objectives: to attract investors or to set guidelines for a team to follow. Many business plans address both targets. If you are about to launch a new venture, you want a business plan that puts your company and its goals in the...
You may know how important it is to have a will, but sometimes, you want to accomplish certain things during estate planning that a will is unable to do. A trust is a type of estate planning tool that involves you relinquishing control over the assets inside of it to...
When you purchase a new home, you want to make sure that you maintain your ownership rights to that property. Every year, many people purchase homes and protect their investments with title insurance. According to the National Association of REALTORS®, in 2020, people...
If you have children who have disabilities, you may worry about their abilities to find work and support themselves as adults. Using your estate plan to provide for the future well-being of your kids is a noble goal. Still, if you gift money directly to your children,...
Protecting your personal assets from creditors and others is one of the more valuable reasons to form a limited liability company. Still, an LLC's protections are not invincible. If a court pierces your LLC's corporate veil, your personal assets may be in jeopardy....