Oklahoma’s Trust Law Overhaul Set to Transform Asset Protection and Management Strategies

Oklahoma City, OK — A landmark shift in trust and estate management is unfolding in Oklahoma as the state braces for the enactment of the Oklahoma Trust Reform Act of 2024. Signed into law on May 31 and poised for implementation starting November 1, this comprehensive suite of reforms places Oklahoma at the forefront of trust jurisdictions nationwide. Key components of this legislative overhaul include the Oklahoma Uniform Directed Trust Act and the Oklahoma Qualified Disposition in Trust Act, poised to offer unprecedented control and protection in asset management. The introduction of the Oklahoma Uniform … Read more

New Laws Enforce Stricter Regulation and Accountability in Oklahoma’s Medical Marijuana Industry

LAWTON, Okla. – New state laws recently implemented by the Oklahoma Medical Marijuana Authority are bringing increased regulations to the state’s cannabis industry. These laws aim to enhance compliance, accountability, and product quality within the growing market. One of the key changes is Senate Bill 1704, which mandates that all employees working in medical marijuana businesses apply for a license from the Oklahoma Medical Marijuana Authority by January 31. This requirement is seen as a means to tighten oversight and ensure that those involved in the industry understand the necessary procedures and regulations. While some … Read more