Maybe you have a will, but all wills in Arkansas go through the probate process. You might have heard that probate can be complicated, time consuming and expensive. It could even reduce the size of your estate and thus what your loved ones will inherit. You want to...
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Estate Planning
4 estate planning mistakes to avoid in Arkansas
Creating an estate plan in Arkansas is already a tough undertaking that even professionals sometimes stumble upon. It costs time, money and constant attention and effort since it's a continuous process until your last breath. However, you can streamline the process as...
Estate planning essentials for blended families in Arkansas
Estate planning in Arkansas is essential to protecting your loved ones, especially if you are part of a blended family. Blended families often come with complex financial and legal issues that must be addressed to ensure everyone has distributed the assets fairly....
Who should take care of your parents’ care and finances?
At some point in your adult life, you may have to take responsibility for your elderly parents' finances and other needs. If you are an only child, the responsibility falls entirely to you, but if you have siblings that live in Arkansas, should you share this...
What are important points to remember about wills?
In Arkansas, people of all ages, financial situations, family circumstances and fundamental needs should understand the value of creating an estate plan. The most basic type of estate planning document is a will. The will can address the person’s property and detail...
Should you have a will or a trust?
All Arkansas adults can benefit by planning for the future and protecting their beneficiaries. While you begin the process of estate planning, you might wonder if you should have a will or a trust and which option is better. Is a will or trust better? Wills and trusts...
How judges resolve custody disputes between parents
Some divorces are more amicable than others, but is not uncommon for couples to disagree with each other as they go through a divorce. If they were seeing eye-to-eye on everything, they would most likely not be going through a divorce at all. There are a lot of...
Estate planning for expecting parents
If you're preparing to become a new parent, you've likely been preoccupied with getting your little one's room ready and baby-proofing your home. However, the addition of a new family member is an ideal time for estate planning as well. Here are some tips to keep in...
How to approach disinheriting a child carefully
Disinheriting a child drives plots in Hollywood movies and TV shows, but it is a fragile situation in reality. People should approach disinheritance carefully because the situation is a financial and emotional decision. An Arkansas court can overrule a person's wishes...
Don’t avoid discussing estate planning with your kids
As income inequality continues to grow, building generational wealth has never been so important. Transferring an inheritance to your children is the keystone of the familial wealth-building process in Arkansas. Although it might seem unnecessary or uncomfortable,...