When is a business a successor company?
Not all businesses in Oklahoma start completely from scratch. It is possible you had created a business at some point but had to close it down. However, you might consider creating a second business called a successor company. Sometimes a…
Surprising elements you can include in your estate plan
When it comes to estate planning, most people immediately think of wills and trusts. While these are fundamental elements, an estate plan can also include various other components that may not immediately come to mind. Including these unexpected aspects in…
How to choose a guardian for your children
Planning for the future involves making some difficult decisions, especially when it comes to your children’s well-being. A necessary part of estate planning involves selecting a guardian and a backup guardian for your children. You will trust the care of…
Ways to discuss estate planning with your children
Estate planning can be a difficult topic to bring up with loved ones since discussion around it often has to do with what to do when someone passes away. However, if you have children, it is important that they know…
Strategies to prevent loved ones from inheritance mismanagement
Generational wealth transfer is a significant component of financial planning. It ensures that hard-earned wealth benefits loved ones and future generations. However, concerns often arise about the ability of inheritors to manage their newfound wealth wisely. Implementing strategies to prevent…