Category: Estate Planning
-
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…
-
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…
-
Decision Making During The Estate Planning Process
Several years ago, a friend of mine was on his way to go deer hunting with a friend over Thanksgiving weekend when they were involved in a head on collision. He ended up in the hospital for a month with a broken pelvis and multiple fractures in both legs. Fortunately, over time he recovered. His…
