What happens if I die without a will in Oklahoma?
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…
Understanding what defines duress vs. undue influence
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 someone who…
The Key Steps in Writing a Business Plan
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…
Estate plans and remarriages
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…
The process of probate
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…
The importance of regularly reviewing your beneficiary designations
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 you…