Rogers Probate Attorney on What You Need to Know about an Estate Inventory
If you are serving as the executor of someone’s will during probate, one of the most important tasks you will need to do is to complete an inventory of the decedent’s estate. This could feel like an overwhelming process, especially if the deceased person had a lot of assets. However, knowing more about the process […]
Types of Power of Attorney | Bentonville Estate Planning Lawyer
Types of power of attorney come in several different forms. Major Types of Power of Attorney Limited Power of Attorney A limited power of attorney is a power of attorney that only allows another person to take limited actions for you. For example, if you are travelling, you can sign a power of attorney to […]
Bentonville Estate Planning: Why do I Need a Power of Attorney?
What is a Power of Attorney? A power of attorney is a legal document in which you name somebody else (agent or attorney-in-fact) to manage your legal and financial affairs for you. You can limit the power or make it unlimited. You can also set a time limit or other conditions which make the power […]
Consequences of Not Estate Planning | Bentonville Estate Attorney
Without your plan, you run the risk of Guardianship and Probate. Perhaps even a complete stranger from the State managing your affairs and money in a cold and impersonal way. When you become incapacitated – unable to make your own legal, financial, and healthcare decisions – due to accident, health incident, drugs, or alcohol your […]
Freedom & Estate Planning | Fayetteville Estate Planning Attorney
As I thought about freedom this Independence Day, I realized that you have the freedom to create your own estate plan or not. You have the freedom to control your estate and affairs as you please. You have the freedom to plan or not to plan. But if you don’t plan, you give up your […]
3 Ways to Avoid Probate | Springdale Estate Planning Attorney
First, have nothing left. This is a great plan except you don’t know when your last day is. If it happens before you have spent everything, then your family faces probate. And it’s not your rules, it’s the state’s rules from their default estate plan. Second, use a beneficiary based plan. This plan depends on […]
Bella Vista Estate Planning One Step at a Time
Are you frozen in the headlights?
Paralysis by analysis is more common than you think. What I mean is that people do too much research before they decide and take action. Do you need to understand how a watch works or tell time? You have insurance, but do you know the inner workings of the insurance industry? Or do you just […]
The Government’s estate plan for you
What if I told you the Government already has written a default estate plan for you? If you don’t create your own plan, then their default plan will take over. Their plan involves court and is expensive. You also don’t get a say. You probably won’t like the details of the Government’s plan. It’s not […]
Do I Have an Estate?