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?
Should I Have a Will or a Trust?
Should I Have a Will or Trust at the center of my estate plan?
Avoid Capital Gains Taxes (video)
Do you want to make your children pay more taxes than they absolutely need to? That’s just what happens when you put your children on the deed. When you put your children on the deed, you’re making a gift, a part of your ownership of the house to them. This often leads to capital gains […]
Estate Planning Mistake #2 – Failing to Address Your Healthcare
Wills, Trusts & Dying Intestate: How They Differ
Most people understand that having some sort of an estate plan is, as Martha Stewart would say, a “good thing.” However, many of us don’t take the steps to get that estate plan in place because we don’t understand the nuances between wills and trusts – and dying without either. Here’s what will generally happen […]
FAQ: How can I understand this 70 page trust?
Personal circumstances and/or the law could change so that a presently irrelevant provision may become relevant and/or applicable in the future. Starting with a longer robust document and possibly tailoring the document to meet the personal cosmetic preferences of the client enables a higher quality document. It is better to start with as complete a […]