Finding love later in life is a beautiful thing. But sometimes, the realities of life and past decisions can throw a wrench into the fairy tale. A common scenario I encounter as a Broken Arrow estate lawyer involves couples where…
In the hustle and bustle of our daily lives, it's easy to put off estate planning. But as a Broken Arrow estate lawyer, I can't stress enough how crucial it is to have your affairs in order, especially when it…
An LLC can continue indefinitely, but the death or incapacity of an owner can significantly affect how the business is run. Without proper planning, state laws and operating agreements determine what happens next, which can lead to unintended outcomes such…
Key Points: Dividing a business during divorce can be complex and requires careful planning. Determining whether the business is marital or separate property is critical. Business valuation may involve multiple experts and different methods. Prenuptial, postnuptial, and operating agreements can…
Probate is the court-supervised process of either (a) carrying out the instructions laid out in a deceased person’s will, or (b) applying state law to distribute the assets and property of someone who died without a will. Not all wills,…
Happy Easter! Although your fur-babies are not considered dependents for tax purposes, there are reasons to add them to your estate plan. The Humane Society estimates that half a million pets get sent to shelters every year because their owners…
Many business owners consider putting their LLC into a trust to protect assets, avoid probate, and ensure smooth business succession. This guide explains how it works and what you need to know before making the transfer. Key Points: Placing LLC…
A stock redemption agreement is a legal contract used in private companies where the company itself buys back a departing shareholder’s shares. It is a specific type of buy-sell agreement designed to manage ownership transitions, reduce disputes, and ensure business…
A business owner may relocate a business to another state for a variety of reasons, including increased real estate costs, property taxes, business taxes, or business regulations in the old location; changes in the target market; or even personal or…
No one enjoys thinking about their own funeral, but making those funeral planning arrangements in advance yourself may be one of the most thoughtful acts you can do for your loved ones. More and more people are including funeral planning…