Trusts can be very effective financial tools for diverting assets to another individual or for a specific purpose such as providing cash flow for a foundation. They can be either revocable or irrevocable as well, which means that revocable trust assets can be...
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Month: May 2022
What should you understand about guardianships?
A guardianship gives an individual the legal authority to provide care for another person or property. In Oklahoma, guardians may be appointed for either children or adults. Probate courts oversee guardianships, and the appointments may be part of estate planning or...
A trust can help protect assets left to your children
Working diligently at a job in Oklahoma can help you accumulate several assets. When this occurs and you have children, you'll likely want to pass on your inheritance. Unfortunately, your wishes may not be fully met if you only use a will. Creating a trust can be a...
Preparing an LLC operating agreement in Oklahoma
If you're looking to start a business in Oklahoma, an LLC might be one of the best business structures to choose. This is because it offers sufficient flexibility and protection for the owners. However, to get the most out of your LLC, you need to have an operating...
Available business structures in Oklahoma
Oklahoma is ranked the fourth most affordable place to live in the U.S., and companies have a probability of over 80% startup survival in their first year. This can be a lucrative state to start a business. But before you invest your money, you should know the right...