Why Receiving an Inheritance Changes Your Estate Plan

Receiving an inheritance is a huge blessing but, if not handled properly, can also become a curse. Often times, the inheritor does not know what to do with the new asset and runs into financial trouble, squandering most, if not all of it. This could happen due to the inheritor having outstanding creditor issues or […]

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LLC Compliance: What You Don’t Know Will Hurt You

One of the advantages of forming an LLCs is to create a separation from the owner’s assets and the liabilities of the company. But many times, an LLC is formed with little understanding of the legal requirements in order to maintain the protections that an LLC affords its owner or owners. At Horizon Attorneys and […]

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Estate Plans and Digital Assets

Does Your Estate Plan Cover Digital Assets? You may be asking exactly what are digital assets? Digital assets include videos, text documents, records, music, cell phone apps, social network accounts, file sharing accounts, financial management accounts, domain registration accounts, domain name service accounts, web hosting accounts, social media accounts.  On average internet users have 26 […]

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Coming of Age Program – Assisting your Child After Age 18

At Horizon Attorneys & Counselors at Law PLC (“Horizon”) we are continually striving to assist our clients in fulfilling their estate planning needs. Now that we are heading into fall, many students are starting their senior year of high school or heading off to college. Although these students are often still wholly dependent on their […]

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10 Questions Every Business Owner Should Ask

10 Questions Every Business Owner Should Ask  How do you see your involvement in your business changing or evolving in the future? What’s your next great adventure after you leave your business Which obstacles do you think could derail your business or personal goals in the coming years? What role does your business need to […]

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LLC Compliance: What You Don’t Know Can Hurt You!

One of the advantages of forming an LLCs is to create a separation from the owner’s assets and the liabilities of the company. But many times, an LLC is formed with little understanding of the legal requirements in order to maintain the protections that an LLC affords its owner or owners. At Horizon Attorneys and […]

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Selling the Family Business

Did you know only 1/3 of business owners succeed in passing their business to the second generation; only 12% of the second generation owners are successful in getting the business to the third generation; and by the fourth generation, only 3% of businesses are still controlled by family members?  According to a PricewaterhouseCoopers study, there […]

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WHAT YOU NEED TO KNOW BEFORE YOU GO

We all need a plan.  If you don’t have one, the State of Oklahoma has one for you and you may not like the State sponsored plan. What do you need?  It depends – classic lawyer answer, right?  It really does depend on your goals and objectives, your family, and your assets. The basics. At a […]

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Ways to Give

During the holiday season many of us give gifts to family, friends and our favorite charities.  As you give your gifts to charities this year you may want to consider other ways you can give.  Here is a run down of several options: Charitable Remainder Trusts (CRT) A CRT provides a current year income tax […]

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