Do you need guardianship for an incapacitated spouse?
Guardianship in Oklahoma can be necessary for ensuring the well-being of an incapacitated adult spouse. Understanding when and why to pursue guardianship can help you make informed decisions about the care of your loved one. Identifying the need for guardianship…
Business succession planning for a smooth transition of ownership
Business succession planning is crucial for Oklahoma entrepreneurs. It helps secure the future of their companies after they step down. This approach uses simple steps to transfer ownership when someone retires, dies, or leaves for other reasons. Importance of succession…
Special needs trusts: protecting government benefit eligibility
When developing a care plan for someone with special needs or a disability, caregivers often establish a Special Needs Trust (SNT) to manage financial resources for a beneficiary. Through proper planning, caregivers ensure continued care and eligibility for government benefits. …
Keys to building a successful partnership
Starting a business with one or more partners can be exciting and rewarding. However, this venture requires careful planning and clear agreements to ensure success. Effective partnership formation and management involve several key steps and considerations. Types of partnerships Before…
Rights and responsibilities of a guardian
Guardianship is an important part of estate planning. It helps care for minors and partially or fully incapacitated adults (wards). Guardians must know their rights and duties to ensure they meet the ward’s best interests. What is a guardianship? A…
What should an executor do if there is a dispute?
Being an executor of a will is a big responsibility. In some situations, disputes may arise among the beneficiaries. Handling these disagreements can be challenging, but there are steps an executor can take to resolve them effectively. Communicate well Communication…