A power of attorney (POA) is a key tool in any estate plan. It lets you choose someone you trust to act for you in legal, financial, or medical matters. Whether you are preparing for incapacity, travel, or long-term care, a power of attorney makes sure your affairs are handled according to your wishes, even…
In Oklahoma, oil and gas development is a major industry. The thing is, it often occurs on land owned by someone other than the mineral rights holder. If you are a surface landowner, you may wonder what rights you have when oil and gas companies operate on your property. Oklahoma law provides important protections for…
Estate planning is a vital step for families in Oklahoma who want to protect their assets, avoid probate, and ensure a smooth transfer of wealth. Among the most powerful tools available are revocable and irrevocable trusts. While both serve important functions, they differ significantly in terms of flexibility, control, and legal protections. Understanding these differences…
Probate is the legal process of administering a deceased person’s estate, and in Oklahoma, it can become contentious when family members or other interested parties disagree over the terms of a will or the handling of estate assets. Contested probate cases can delay distributions, increase legal costs, and strain family relationships. Understanding the most common…
Oklahoma’s oil and gas industry is built on complex contractual relationships that govern exploration, production, and revenue sharing. Whether you are a mineral owner, operator, investor, or service provider, understanding the essential elements of oil and gas contracts is critical to protecting your interests and ensuring regulatory compliance. Below are key contract components and legal…
Oklahoma’s rich oil and gas reserves make it one of the most active energy-producing states in the country. For landowners, this presents a unique opportunity to earn income through mineral rights and royalties. However, understanding how royalty rights work is essential for maximizing revenue and avoiding disputes. Whether you have inherited mineral interests or are…
Probate is the legal process of administering a deceased person’s estate, including the distribution of assets, payment of debts, and validation of the will. In Oklahoma, the probate timeline varies based on factors such as the complexity of the estate, whether disputes arise, and how quickly court procedures are completed. Understanding the general phases and…
Estate planning ensures your assets are distributed according to your wishes after death or incapacitation. Two of the most common tools used in estate plans are wills and trusts. While both serve critical roles, they differ significantly in structure, function, and legal impact. Understanding the basics of wills and trusts can help individuals create an…
We’re proud to announce the launch of our new website—designed to better serve individuals, families, and businesses throughout Oklahoma City. Whether you’re looking for guidance on estate planning, need help with probate, or are navigating oil and gas or business law, Prado Law Offices is here to support you. Our updated site reflects our mission: to deliver…
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