Safeguarding wills against contestation
The will is the final embodiment of people’s desires once they pass. It provides clear instructions on the distribution of assets, including valuable and sentimental items, among heirs and beneficiaries. However, individuals may seek to overturn these last wishes by…
Common reasons for someone to contest a will in court
A last will and testament is a legally binding document that outlines the distribution of a person’s property after their death. Individuals who disagree with the will may contest its validity in court. Challenges to a legal will generally stem…
What is the role of an executor?
Administering the last wishes of a departed loved one is a responsibility that falls upon the shoulders of an executor. This role ensures a smooth transition of assets and settling affairs. Understanding the duties of an executor is important for…
How to choose the right business structure
The Oklahoma Department of Commerce reported 29 new companies in the state with 77 existing businesses planning expansions in 2022. With business booming, you may feel it is the right time to start your own company. Before you can begin…
Four reasons to establish a buy-sell agreement
A buy-sell agreement helps prevent future problems if there is a change of ownership at your business. Through this legal document, you establish a plan for what happens if an owner retires, moves on, becomes disabled or dies. Without a…
Should you update your estate plan regularly?
Estate plans play a crucial role in safeguarding your assets. However, it is a common misconception that, once you create your estate plan, you can leave it as it is. The reality is that estate plans require regular updates to…