Blog Articles
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Durable Power Of Attorney
A Word About Granting A Power Of Attorney A power of attorney (“POA”) allows someone else to handle your legal, financial, or medical matters. General powers of attorney cover a wide range of transactions, while limited powers of attorney cover only specific situations, such as authorizing a car dealer to register your new vehicle for…
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Distribution Of The Estate
Distribution of the estate is just that, distributing the assets of the decedent. Prior to the distribution of an estate, if the deceased person dies with a will or intestate, the opening of the probate must be advertised so that creditors to the estate have a chance to respond. One of the things that a…
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The Use of a Living Trust in an Estate Plan
I recently had the opportunity to work with a landowner regarding a land related issue. The owner happened to be the executor of an estate. As it turns out the estate was valued at about twenty million dollars. You may wonder how I know the estate’ value? Because his estate planning tool was a will,…
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5 Things to consider when acquiring a pipeline easement
One thing is certain, whether you are a right of way agent or an engineer working on a pipeline project, People can get pretty testy about an easement across their property. So here are five things to consider before you decide to pull the nuclear option and file an eminent domain suit. Consider the logical…
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Estate Planning Components And Considerations
Dying Intestate To die intestate means to die without a valid will. The Oklahoma law of Intestate Succession is addressed in 84 Okla. Stat. § 213. Intestate succession is receiving the property of one who dies without disposing of their property before they die. And there are a lot of quirky rules with the succession…
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Estate Planning And Business
Simply put, succession is the natural transition of property. Business succession is the process of choosing someone to take over your business, and developing a plan to make it work. Several questions come to mind when thinking through business succession. While lots of business owners overlook business succession planning until the last moment, it is…