6 tips for establishing guardianship of a minor
When it comes to estate planning, ensuring the well-being of your children is a top priority. One important aspect is establishing guardianship for your minor children in case the unexpected occurs. According to the National Institutes of Health, 142,637 children…
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…
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…
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…
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…