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…
How should you choose beneficiaries?
A beneficiary is someone who receives assets from a will, trust, insurance policy or retirement account. When creating an estate plan, people need to know the different options that they have for choosing beneficiaries. It is important to make thoughtful…
What does it mean to consolidate two businesses?
With the right business practices, running a company can be profitable. However, some Oklahoma entrepreneurs find they can reach greater economic heights by merging their enterprise with another company. Sometimes different business owners elect to consolidate their separate businesses. A…
Is my business included in the Corporate Transparency Act?
The Corporate Transparency Act is a new law that requires certain businesses to disclose their beneficial ownership information to the U.S. government. This act aims to prevent money laundering, tax evasion and other illicit activities by increasing transparency in business…
Understanding contested estates in Oklahoma
Dealing with contested estates can be complex and stressful. Knowing when to take your case to court in Oklahoma is crucial for resolving disputes effectively. Common reasons for contesting an estate Estates are often contested for several reasons. The validity…