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April 2018 Archives

Living trusts may be viable options for many Arkansas residents

Those who are thinking about planning their estates may want to give some consideration to revocable living trusts. These trusts may make sense for Arkansas residents who wish for their wills to bypass the probate process. Doing so may also help beneficiaries receive their inheritances sooner. Since trusts aren't a matter of public record, they may be the best avenue for those who place a lot of value on privacy since wills and probate are publicly accessible.

Estate planning in Arkansas is for all income levels

In the 21st century most people have amassed a lot of things. Some of those things don't have great monetary value, but are brimming with sentiment. So, when it comes to estate planning, Arkansas residents don't have to be in the ultra wealthy category to plan for unforeseen events. Having a will and other estate plan documents is for those of all income levels.

Basic things to know about pet trusts

When we think about estate planning, it is natural to consider a will. After all, written instructions about how to distribute one’s property after passing is something that everyone wants to do. The same could apply to the notion of trusts. A trust is a legal entity that holds property or assets for another person. A trust can hold cash, real property, securities or any other property.

Helpful tips for discussing a parent's estate plan

The administration of a loved one’s estate can bring about many emotions. Depending on his or her health, how the estate should be divided may be a unique, yet awkward conversation piece. Indeed, different people (especially siblings) may have different ideas about how an estate should be divided when no will exists.

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