2 sources of financial loss in a business acquisition
The goal of a business acquisition is typically to expand operations and generate revenue. A specific acquisition may occur because the business doing the purchasing wants to obtain a manufacturing facility, specific talent employed by a competitor and/or intellectual property…
The difference between guardian and power of attorney
It’s important to understand the difference between a guardian and someone with power of attorney. If you or someone you love in Oklahoma doesn’t have the capacity to take care of themself and needs someone else to make important decisions…
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…