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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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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Estate Plan – Do You Need One?

Often I get the question, “Do I really need an estate plan?”  This question comes from young people, people with modest asset levels and people with a “who cares, I will be dead attitude”.  The answer to the question is WE ALL NEED AN ESTATE PLAN.  The latest surveys show that only 55% of Americans […]

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Don’t Go Broke in The Nursing Home

Did you know the cost of nursing home care in Oklahoma is $5,000 to $6,000 per month, per person?  The prescription medications per person for persons in a nursing home is $500 to $1,000 per month.  The total cost of long-term care can easily cost from $60,000 to $80,000 per person.   There are legal […]

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Can You Make Decisions for Your Children?

You may be aware that when your children turn 18 they are no longer minors but did you know you no longer legally have the authority to make their medical or financial decisions.  Often when children are in college they still need and want their parents assistance with medical and financial decisions. We recommend you […]

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Want to Give the Kids an Early Inheritance? 4 Things to Consider

If you’re thinking about giving your children their inheritance early, you’re not alone. A recent Merrill Lynch study suggests that these days, nearly two-thirds of people over the age of 50 would rather pass their assets to the children early than make them wait until the will is read. It can be especially satisfying to fund […]

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Naming a Guardian for Your Minor Child(ren)

Parents with minor children need to name someone to raise them (a guardian) in the event both parents should die before the child becomes an adult. While the likelihood of that actually happening is slim, the consequences of not naming a guardian are great.

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