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Not all businesses in Oklahoma start completely from scratch. It is possible you had created a business at some point but had to close it down. However, you might consider creating a second business called a successor company. Sometimes a successor company succeeds...
When it comes to estate planning, most people immediately think of wills and trusts. While these are fundamental elements, an estate plan can also include various other components that may not immediately come to mind. Including these unexpected aspects in your plan...
Planning for the future involves making some difficult decisions, especially when it comes to your children's well-being. A necessary part of estate planning involves selecting a guardian and a backup guardian for your children. You will trust the care of your...
Estate planning can be a difficult topic to bring up with loved ones since discussion around it often has to do with what to do when someone passes away. However, if you have children, it is important that they know what your goals are for your monetary assets and...
Generational wealth transfer is a significant component of financial planning. It ensures that hard-earned wealth benefits loved ones and future generations. However, concerns often arise about the ability of inheritors to manage their newfound wealth wisely....
A will allows you to stipulate where assets held in your Oklahoma estate go after your passing. For instance, if you have children, you can dictate that they all get an equal share of funds in a bank account or the title to your home. Of course, there is no...
Oklahoma residents who follow business news may know that special purpose acquisition companies have become far more common in recent years. A SPAC is created to raise money through an initial public offering that is used to buy an existing private company. Once the...
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...
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 for them, it's helpful to...
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 are still...