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When a person passes away, their estate often goes through probate, a legal process to distribute their assets. Whether or not the deceased left a will significantly impacts how probate unfolds. Understanding these differences helps you prepare for either scenario....
Mineral interests allow an individual to own the rights to the minerals below the surface of a piece of land. This asset can be substantial and serve an important role in a family’s financial portfolio. These rights can include ownership of natural resources like oil...
Probate can be a complex legal process that arises after someone passes away. While some estates proceed smoothly without legal assistance, others require the guidance of a probate attorney. Understanding when to seek legal help can prevent costly mistakes and ensure...
Guardians appointed to manage an estate have important financial duties. They must follow strict legal guidelines to protect the ward’s assets and ensure their well-being. Understanding these responsibilities helps guardians manage the estate effectively and avoid...
A no-contest clause, also known as an in terrorem clause, is a provision in a will designed to discourage beneficiaries from challenging its terms. In Oklahoma, this clause can have significant consequences for individuals considering contesting a will. Understanding...
Artificial intelligence (AI) is changing how businesses work by offering tools and technology that weren’t possible before. Startups are using AI to create new ideas, run more smoothly, and stay competitive. This shift is helping entrepreneurs think about their...
Creating a will ensures you communicate your wishes clearly and care for your loved ones after your passing. A well-prepared will provides detailed instructions and avoids confusion or disputes. Including the right details ensures smooth handling of your estate...
Business transactions increasingly involve sharing sensitive data. Following data privacy rules is important to avoid trouble. Businesses must follow state and federal laws to avoid legal and financial risk Know the laws Before entering a business deal, companies...
As a parent, one of the most important decisions you can make is ensuring the well-being and safety of your child. But what happens when you are no longer able to care for them? Establishing a guardianship can be a crucial step in securing your child’s future, but...
Probate is a term that often brings to mind images of lengthy court battles and disputing family members. It is true that probate can significantly impact families-- emotionally, financially and relationally, but learning about this ahead of time can help you make...