When Is the Right Time to Establish a Special Needs Trust?
Families with a special needs child know the unique care and planning requirements that are required to ensure their child’s needs are met. A Special Needs Trust (SNT) is a powerful legal instrument that holds assets for a person with special needs without jeopardizing their participation in government assistance programs, like Medicaid or Supplement Security…
44% of Americans With an Estate Plan Created It Around a Child’s Birth
For many Americans, financial education was limited or absent growing up. Conversations about money were often avoided, leaving people to figure things out on their own as they entered adulthood. In fact, over three-quarters of Americans reported limited readiness to…
When can a holding company be beneficial?
A holding company is a business entity that exists not to produce goods or services, but to own assets—such as stock, real estate, intellectual property and/or other businesses. While the concept may seem reserved for major corporations or investment groups,…
3 options for structuring an Oklahoma real estate business
Running a real estate business can provide an individual with a regular stream of income. However, there is a degree of risk involved in investing, repairing, leasing or selling real property. Those aspiring to enter the real estate sector typically…
Is Oklahoma poised to become more business friendly?
Governor Kevin Stitt has continued his push towards a more business friendly Oklahoma. A large part of his plan involves establishing a specialized Business Court System in Oklahoma. This initiative aims to streamline the resolution of complex commercial disputes, making…
Tips for choosing the right estate executor
It’s not always easy to pick someone to handle your estate after you’re gone. You want someone who will respect your wishes and handle everything with care. But how do you know who the right person for the job is?…