Parents are always looking out for the welfare of their children. That still applies when their children have grown into adults. Arkansas parents who have special needs children may be even more conscious of those needs when they're planning their estates. Trusts can be particularly beneficial in these instances.
Many in Arkansas have learned that setting up a trust can be a complicated process, but it is one way in which to provide security for one's heirs or for members of the family who have special circumstances. Trusts are ideal for complex assets, children with special needs or dependents who may be incapable of receiving a full inheritance at once. Perhaps even more complex than creating the trust is trust administration, and a great deal depends on the reliability of the successor trustee.