A will is an important document that only about one-third of Americans have. What about the other two-thirds of Americans who do not have a will? These Americans will die "intestate." Intestate means that there was no valid will when a person died. Typically, probate...
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Estate Planning
What’s missing from your estate plan?
On Behalf of Robertson, Oswalt, Nony & Associates | Jul 4, 2024 | Estate Planning
A will is a part of an estate plan that allows you to decide how your assets will be managed after you pass away and who should benefit from your estate. A will is only one part of an estate plan. There are several parts of an estate plan you may not want to miss. If...
Find out why you should update your estate plan
On Behalf of Robertson, Oswalt, Nony & Associates | May 17, 2024 | Estate Planning
Have you ever updated your estate plan? It is something that many people forget to do. Some people do not know they have the option. Making changes to your will and other legal documents can be an important part of the process. The main purpose of updating your estate...
Tips for talking to your parents about estate planning
On Behalf of Robertson, Oswalt, Nony & Associates | Mar 19, 2024 | Estate Planning
Talking to your parents about estate planning can be a sensitive yet essential undertaking. Addressing this topic early can help ensure their wishes are carried out and reduce stress for the family in the future. The following are some tips that can help you to pursue...
Life insurance supersedes your estate plan
On Behalf of Robertson, Oswalt, Nony & Associates | Jan 15, 2024 | Estate Planning
With a life insurance policy, you have the chance to leave significant wealth to your family. Perhaps you purchased the policy when you got married, with the intention of leaving the money to your spouse. Maybe you purchased it when you had your first child, knowing...
Living will vs. healthcare power of attorney: Which is best?
On Behalf of Robertson, Oswalt, Nony & Associates | Dec 5, 2023 | Estate Planning
In the realm of healthcare and estate planning, two essential documents stand out: the living will and the healthcare power of attorney. Both serve crucial roles in ensuring your wishes are respected and upheld when you cannot make decisions for yourself. However,...
Estate planning with outstanding debt in mind
On Behalf of Robertson, Oswalt, Nony & Associates | Nov 15, 2023 | Estate Planning
Individuals who are creating a legal and financial strategy for the future do so with specific and unique goals in mind. For example, you may want to create your estate plan so that you can be certain that your loved ones will receive assets from your estate after you...
What should be included in an estate plan?
On Behalf of Robertson, Oswalt, Nony & Associates | Oct 20, 2023 | Estate Planning
Creating an estate plan is one of the most important steps you can take to secure your family's future. It can provide peace of mind, knowing that the people who are important to you will be cared for if you die or become incapacitated. While every person's estate...
Should I make my spouse my will’s executor?
On Behalf of Robertson, Oswalt, Nony & Associates | Jul 28, 2023 | Estate Planning
In the past, many people appointed their spouses as the executors of their will. It might sound like a sensible choice to make today, but the following are reasons you might want to choose someone else for this crucial role instead. Complexity An executor’s role is...
You can create an estate plan that avoids probate
On Behalf of Robertson, Oswalt, Nony & Associates | Jun 7, 2023 | Estate Planning
Do you like talking about the inevitability of your death? If you answered no to that question, you are like the majority of people in Arkansas. Although death is not a subject that most people seek to discuss, it is something that will happen to all of us at some...