A real estate investor in Oklahoma will have a number of hoops to jump through in order to see their project to their ultimate goal. Some of these hoops may involve permissible real estate land use and related issues. For instance, at a recent meeting among the government leaders of Nichols Hills, a community bordering Oklahoma City, discussed how they might better be able to preserve the historic character of the neighborhood.
There's obviously a lot of challenge involved in building and maintaining a family business in Oklahoma (or anywhere, for that matter). Most family-run business owners agree, though, that it's a very rewarding experience to work alongside those you love most and provide a service and/or product to the public, knowing that the business was created by your own ideas and led to success by the work of your own hands.
Some people in Oklahoma and elsewhere mistakenly think estate plans only function after a person dies. This couldn't be further from the truth. Although a final will and testament is a document administered after an estate owner's death, there are many other documents you can include in a thorough plan that have everything to do with situations that may occur while you're still living. Choosing what documents to include in a particular plan is an intensely personal decision.
Although this blog has discussed purchase transactions involving commercial real estate in pervious posts, it is important to remember that, for a variety of business and other reasons, many Oklahomans choose instead to lease a property for their business's use. Like the terms of purchase agreements, the provisions of a lease are important both to a commercial tenant and to the landowner, and they can mean the difference between and good and bad financial outcome for either party.
Although buying a piece of land or a building for business use or development is in many respects similar to buying a family home, in other ways, it is quite a bit different and, in many respects, much more complicated.
As pervious posts on this blog have mentioned, many if not most applications for Social Security disability benefits get denied at the initial stages. While sometimes the involvement of a qualified disability benefits attorney can help get an application approved at the outset, in many cases, the reality is that an applicant for benefits is just going to be denied social security and will have to plan on going through an "appeal," or, more precisely, a review hearing before an administrative law judge.
Previous posts on this blog have discussed how important it is for many senior citizens in Oklahoma to engage in Medicaid planning. After all, for many people, this is the most reliable and best way to assure that they will be able to get the nursing home or other long-term care that they need in their old age. However, qualifying for Medicaid means a person has to be able to honestly say that they are without means to pay for their own medical care.