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June 2019 Archives

It's necessary to properly title assets in estate planning

When an individual decides to write an estate plan, there are certain things he or she should know for the plan to be truly complete. For estate planning to be effective, Arkansas residents need to be sure that assets are titled properly — something with which a lawyer can help. Testators who want their assets distributed as they wish need to ensure this step takes place.

Estate planning is crucial for Arkansas entrepreneurs

One of the reasons people choose to write estate plans is for protecting the people and things that are important to them. It's no different for Arkansas residents who own businesses. Most want to ensure their estate planning paves the way for their businesses to continue without them, so there are some important things of which entrepreneurs should be aware when safeguarding their businesses as well as their loved ones. Savings and insurance are usually not enough, while comprehensive estate planning documents usually are.

How trust funds protect your children

Protecting your children and giving them every opportunity to succeed is the goal of every parent. This may come in the form of helping them receive a great education or simply giving them the assets necessary to carve out their own path. Ultimately, the goal for many parents is to provide their children with the tools to allow them to live out their dreams.

How to title your car in the name of your trust

Many people create trusts with the idea of putting important property into it. Among the most common pieces of property people wish to include in their trusts are their vehicles. Placing a vehicle into a trust is smart because it will likely prevent it from going through probate and to your intended beneficiary.

The importance of an estate planning checklist

No one likes to think about dying, but if thinking about the welfare of loved ones left behind is part of the process, it is something that needs pondering. Estate planning is part of that process and Arkansas residents who want to ensure their loved ones are taken care of when they are no longer around may want to develop a planning checklist. Such a list will help individuals to have a comprehensive estate plan.

Estate planning: Considerations about giving money away

Many people can make a big impact on the world once they've departed it. Part of estate planning for Arkansas residents entails how and to whom they will leave assets once they've died. The thought of giving money away comes with various emotions and before making decisions, and there are a few things testators should consider, such as whether giving can be a part of the scenario while living.

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