The static nature of a finalized contract often clashes with the fluid reality of business operations and market conditions. Even after being finalized, contracts often need adjustments to stay relevant and beneficial for all parties involved. Understanding how to manage contract amendments effectively and renegotiations maintains healthy business relationships.  Breaking Down Contract Amendments  Contract amendments are necessary when the original terms of a contract no longer align with the current needs or circumstances. This can happen for various reasons, such as market shifts ..read more

Trust litigation involves legal disputes related to the administration or interpretation of a trust. Trusts, which are arrangements where assets are managed by a trustee for the benefit of beneficiaries, can become sources of conflict for various reasons. Disputes may arise over situations like how the terms of a trust are interpreted, the actions of the trustee, or how assets are distributed to beneficiaries. For example, a trustee who consistently fails to distribute assets to the beneficiaries as outlined within the trust documents may face legal consequences. Understanding these disputes i ..read more

Stepping into the entrepreneurial world with friends or family is not just a business decision, it’s a bold leap into blending the warmth of personal relationships with the vigor of professional goals. This fusion creates a vibrant tapestry of trust, ambition, and mutual dreams. Yet, as alluring as this synergy is, it demands a delicate balancing act. It’s about harmonizing the heart’s connections with the mind’s business strategies. Nurturing these bonds with care while steering the business toward success, ensures that the journey enriches both your personal relationships and professional go ..read more

Navigating the aftermath of a loved one’s passing is a challenging experience, one that’s only further complicated and drawn out by the probate process. Oklahoma probate court plays a vital legal role in administering estates that lack comprehensive estate planning, but it isn’t always necessary. Probate exists for the purpose of executing wills and dealing with unfunded or underfunded trusts. The process, while thorough, is often a source of stress and delay for Oklahoma families, extending the period of grief and uncertainty. Additionally, the public nature of probate court records in Oklaho ..read more

Intellectual Property is one of the most important and lucrative assets that most businesses have, but it’s also often an issue that frequently leads to business litigation. When businesses are creating original works, there are often questions about who actually owns these rights and when those rights are able to be licensed for profit. As we’ve written about in the past, unclear guidelines surrounding intellectual property are one of several issues that frequently lead to partnership disputes. A great way to prevent these disputes is to take stock of what your business has through effective ..read more

Property ownership is a point of pride – whether you own your own home or are building a real estate investment portfolio in Oklahoma. The last thing you want to deal with is fraudulent claims that slow you down and put your investment at risk. After all, this is one of the biggest financial investments (if not THE biggest) you’ll make in your lifetime. Fraudulent claims against your property can cost you both time and money, potentially delaying the sale of the property or complicating efforts to refinance your mortgage. In many cases, fraudulent claims result in title defects that can freeze ..read more

The role of an executor is vital to any estate plan. You are in charge of ensuring the decadent’s best wishes are carried out as close to their intentions as possible. It’s an honorable position to take on as it’s an indication of how much trust has been placed in you. This obviously comes with some additional stress and challenges, so we want to prepare you for the responsibilities ahead. An Oklahoma estate planning attorney will be able to assist you with the process and allow you to have some peace of mind that you’re doing this correctly. Your main duties will include: Notifying creditors ..read more

Business partnerships are often the backbone of strong and successful companies. You bring in partners for added insight and funding and to spread out responsibilities as well as liabilities. As we’ve discussed, however, business partnerships don’t last forever. Visions, capabilities, and lives change. What your business partner wants today may differ from what you both set out to do at the very beginning. So, what happens when your partner approaches you about selling the business but you don’t want to? Buy Their Interest in the Business The most expensive option is to offer to buy your partn ..read more

This is exactly why we believe families should establish adult guardianship in the appropriate circumstances. These designations do not always require an immediate need but provide oversight and care as needed. People often confuse guardianships with conservatorships, however, so we want to clarify some key differences between the two so you know exactly what you’re getting into when having a guardian appointed for yourself or a family member. Our firm frequently handles estate planning issues for families in Tulsa and the surrounding areas. We want to make sure families are equipped for surpr ..read more

“Good fences make good neighbors.” In other words, having clear boundaries—and respecting them—are often key to a harmonious relationship with those whose properties abut yours. No matter how well you might respect these boundary lines, though, there is no guarantee your neighbors will extend the same courtesy. Usually, the easiest and simplest way to rectify such issues is to politely bring up the topic with the neighbor in question. This method is more likely than others to preserve any amicable feelings. If that doesn’t work, there are legal actions you may take to preserve what is rightful ..read more