Although Oklahoma farmers cannot plan for the weather, they can plan for their farm succession. A solid transition plan is critical in making sure a farmer's wishes are established for the next generation.
Getting old is a fact of life for most of us. As the population continues to age, care for older people is needed. Many older people in Oklahoma are not able to care for themselves exclusively, and rely on skilled nursing care or family members to meet their needs. If an adult child is helping their aging parents, there are ways for the parents to compensate them.
As if estate planning wasn't complicated enough, you are now considering who would be the most appropriate executor for your estate. The executor is the person who guides your will through probate, closing out your estate by paying off your final bills and distributing your belongings according to your expressed wishes.
Oklahoma residents understand the value of estate planning. An estate plan is a wonderful tool to ensure a person's assets are transferred to the next generation in the person's desired manner. It can also be used to communicate a person's health care wishes. Although many may think estate planning is only for the wealthy, there are five documents almost everyone needs.
Recently, this Oklahoma legal blog provided an informative post on the rights that landlords have with respect to the individuals who lease their rental spaces. For example, under certain conditions a landlord may have the right to evict a tenant and retain their security deposit to compensate the landlord for losses incurred due to the tenant's malfeasance. Landlords can place certain restrictions on what activities tenants may engage in on their premises and may seek payment of missed rental checks and other costs when their tenants fall behind.