CLINTON, OK
(580) 323-1516
WEATHERFORD, OK
(580) 772-7721
OKLAHOMA CITY, OK
(405) 253-6444
Did you know the opportunity to legally avoid paying capital gains tax on proceeds from the sale of real property can apply to mineral interests? This article includes a helpful description of several types of mineral rights, and whether they are “exchan
Did you know the opportunity to legally avoid paying capital gains tax on proceeds from the sale of real property has an expiration date? Under Internal Revenue Code Section 1031, you must follow specific procedures to identify replacement property withi
Did you know that under the right circumstances you can legally avoid paying capital gains tax on proceeds from the sale of real property? As a general rule, under Internal Revenue Code Section 1031 you are not required to recognize a gain or loss when y
Have you ever had your oil and gas royalties withheld in suspense due to a title issue? If so, did you know that the operator is required to pay you interest on the amount held in suspense? Interest is owed at 6%, compounded annually, for time periods pr
Did you know that oil & gas operators are required to pay royalty owners interest on late royalty payments? If you receive oil & gas royalties, the operator must pay you within 6 months of the first sale of production and thereafter by the end of
Did you know that failing to include your social security number on your division order can cause an approximate 28% deduction on your royalty check? If you live in Oklahoma, you should be exempt from the State Withholding deduction. However, if you have
Preparing an estate plan is crucial and the first step to getting your affairs in order. However, once your estate plan is prepared, it’s not meant to sit and collect dust, only to be forgotten. Your estate plan needs to be reviewed to ensure
You cannot simply gift your assets to someone else to prepare for nursing home costs. The “look back” period is the five year time period wherein Medicaid will look at your financial records to see if you have made any transactions that would render you
The average Nursing Home costs is around $5,000 each month. Most families cannot afford this cost and estates are quickly spent down to cover the cost of care. The truth is there are tools given to you to prevent this from happening. The first part of un
According to the US Small Business Administration, in the year 2018 Oklahoma had 347,165 small businesses accounting for 52% of Oklahoma employees. More and more people are becoming entrepreneurial and starting their own business. There are many benefits