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An estate plan can do more than transfer assets, it can also reduce the tax bill. The first step is to figure out what you need for retirement. Set aside enough to cover anticipated expenses with some extra in case of surprise bills. This should include everything...
Most Arkansas parents want to make sure that their children inherit as much of their parents’ remaining estate as possible. The topic of asset distribution is something that often appeals to adult children because this can mean obtaining some valuable assets or cash...
Getting one’s affairs in order can mean taking different actions for different people. It can also depend on the particular situation. However, when Arkansas residents are getting older, they may think of estate planning as an important step in ensuring that their...
Many people mistakenly think that having an estate plan is something that only wealthy people need. While that is not the case and anyone of any income level could benefit from having a plan, affluent individuals may have concerns that those of lower income levels do...
Different events can spur individuals into thinking more closely about their end of life affairs. With the current state of global affairs, many people in Arkansas and across the country may be giving estate planning its due consideration. Whatever causes a person to...
Arkansas parents considering an estate plan may need to decide who will care for minor children in the event of an unexpected emergency. Catastrophic accidents can occur, and they may result in minor children suffering serious emotional and financial injuries. ...
Estate planning is a task that many people put off until it is too late. Even if you do not have much wealth, an estate plan can help prevent creditors and your relatives from squandering away everything that you worked so hard for and minimize probate court...
Leading into a health care-related blog post with the observation that long-term care costs are pricey is not exactly an earth-shattering point to note, we concede. Still, the attorneys at the Arkansas estate planning law firm of duly make...
The odds are that you have a digital presence and that, moreover, it's sizable. If you perhaps don't know exactly what such a presence signifies, we'll estimate a guess at that you can make a pretty fair guess. Especially if you are a...
Some family-centric topics are quickly gravitated toward and discussed with openness and enthusiasm. Upcoming vacation plans, for example. Getting a puppy. Buying a new car. Not so much end-of-life health care planning. Based on empirical evidence (and reams of it),...