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February 2019 Archives

Arkansas estate planning and privacy -- trusts vs. wills

It is rather difficult in this technological age to keep private matters private. Arkansas residents who are thinking of estate planning should know about the differences between will and trust-based estate plans if they wish to keep their private affairs under wraps. In essence, estate plans that are will-based eventually become a matter of public record and anyone can access personal information contained in a will. 

Understanding assets in estate planning in Arkansas

When writing an estate plan, people have to think about all sorts of things, including their assets. But, what really constitutes an asset if one is in business? It may not be as clearcut as all that. When Arkansas entrepreneurs understand what's at stake in their estate planning, they may take the time to ensure those plans are thorough. Essentially, an asset is something that has some economic value currently or will have in the future.

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