How can estate planning help you minimize the probate process?
Choosing what happens to your belongings after you die might not be fun to think about, but it is important to do. Estate planning is about making sure this transition goes smoothly. One big benefit of planning is cutting down…
The difference between wills and trusts
Planning for the future involves making decisions about what will happen to your belongings and assets after you are gone. Two legal tools commonly used for this purpose are wills and trusts. While they both serve similar purposes, there are…
What are some medical care decisions you can put in a will?
When preparing a will, it is not only about dividing up your belongings but also about choosing your healthcare wishes. Your will is a legal document that can communicate your personal medical preferences. Learning about medical decisions you can include…
Tax implications of different business structures
When starting a business, choosing the right structure is important for various reasons, including taxes. The structure you choose can significantly impact how much you pay in taxes and how you report your income. Sole proprietorship In February 2024, 436,358…
Dispelling 5 common myths about probate
In Oklahoma, probate is a court-supervised legal process that occurs after a person dies. It ensures the payment of the deceased’s debts and distribution of assets to beneficiaries as specified in their will. If there is no valid will, state…
How to talk to your parents about establishing guardianship
Discussing future planning with your parents, including establishing guardianship, can be a delicate subject. It involves conversations about situations where they might not be able to make decisions for themselves due to health issues or incapacity. Due to the sensitivity…