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The goal of a business acquisition is typically to expand operations and generate revenue. A specific acquisition may occur because the business doing the purchasing wants to obtain a manufacturing facility, specific talent employed by a competitor and/or intellectual...
It's important to understand the difference between a guardian and someone with power of attorney. If you or someone you love in Oklahoma doesn't have the capacity to take care of themself and needs someone else to make important decisions for them, it's helpful to...
A will gives directions about dividing and distributing your estate after death. Other parts of your estate plan also provides decisions about other issues, such as personal representation and who will serve as the guardian for your children while they are still...
In Oklahoma and other states, duress during estate planning occurs when someone forces an individual to decide while threatening them with harm, violence or imprisonment. Undue influence happens when a person deciding receives pressure through unfair persuasion from...
A business plan serves to describe a company’s road map when it comes to the operational and financial aspects of the business. Oklahoma companies that are only just starting out do this, while those that have been around for a while also put together business plans...
Blended families often create new joys for both the parents and the children. However, bringing new members into your Oklahoma family also brings new challenges for your financial plans. Specifically, a new blended family should involve updates to your estate plan....
In Oklahoma, when a person passes away, their assets and property must go through a legal process known as probate. Probate is a court-supervised process that ensures paying the deceased person's debts and giving their assets to the beneficiaries named in their will....
Designating beneficiaries is a crucial part of estate planning in Oklahoma. However, many people overlook this task as insignificant. If you manage your beneficiary designations properly, you will ensure that your assets are distributed according to your wishes after...
No Oklahoma resident wants to talk about death, let alone their own death. However, addressing what happens to your belongings and assets is essential to create a good estate plan. Having an estate plan can take a lot of pressure off of your family, especially when it...
Estate planning is important for all Oklahoma residents with substantial assets. It should be done early to protect your assets and your preferred beneficiaries if the worst were to happen. One way to do so is through the process of asset titling. Asset titling The...