Passing the Torch: Smart Business Succession Strategies in Oklahoma
For many Oklahoma business owners, their business is one of the most valuable and important things they own. When it is time to sit down and create an estate plan, it is critical that business owners plan for their business just as they would plan for their home or finances. Effective business succession planning ensures […]
If I transfer my business to a trust, how will it be managed?
If I transfer my business to a trust, how will it be managed? It will depend on several factors, such as what kind of business has been transferred and how that business was managed prior to the transfer. Here are some considerations depending on what type of business it is: LLC: After a business […]