Arkansas Estate Planning Law Firm in Springdale
Northwest Arkansas Estate Planning Attorney
Protect Your Family & Money to be Your Family’s Hero
- Get the peace of mind and security you and your family deserve.
- Ensure your loved ones are taken care of, both financially and emotionally, during your lifetime and after you’re gone.
- Prevent the traumatic ordeal of Probate
- Clearly outline your wishes to eliminate family conflict and fighting
- Protect your loved ones inheritance from lawsuits, divorce, creditors, waste, and more
- Save your home from being sold to pay for long term care
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Without a Plan You are Leaving Legal Messes and Ordeals for Your Family
- If you don’t plan, Arkansas has written a plan for you and the State uses it by default. You and your family probably won’t like it
- Your family pays the price in pain, expenses, time, and frustrations of legal ordeals and messes, like Probate and more
- Your family will face the long ordeal of Probate (the State’s plan). You don’t control who inherits…the State does
- If you’re suddenly incapacitated you don’t control who makes your personal, financial, legal, and healthcare decisions…the State does
It doesn’t have to be that way.
Avoid the Mess and Ordeal of Probate for Your Family’s Peace of Mind With an Estate Plan
Effective estate planning saves your family from the headaches, expenses, and anguish of probate, eases their lives, and gives you peace of mind
Protect Your Home From the Nursing Home and Probate With an Estate Plan
Don’t give it all to a nursing home. Don’t lose a big chunk to probate. Appoint somebody you know and trust to be in charge when you can’t be.
Rest Easy & Stop Worrying When Your Estate Plan is Done
Your plan will give you peace of mind and confidence that you’ve done all you can to protect you, your family, and your money the best way possible.
We Understand…Estate Planning Seems Hard and Intimidating so We’re Here to Help
Estate planning can be intimidating and seem difficult. Not only are you forced to think about what happens when you die, but you also have to make potentially family and life altering decisions.
The good news is — it doesn’t have to be this way!
With a little help, you can easily be sure that your assets go to whom you want, when you want, and in the way that you want. I offer a free 15-minute call just to get to know each other and discover if … and how … I can help you. Book a call now.
Your Guide to Success
I know first hand how hard it is to lose somebody and the headaches that follow. I know the importance of having a plan in place.
My father passed away of a sudden heart attack in 2010. Because of this, mom and I had to take the family ranch through probate – for the third time since 1975. This was an extremely long and stressful process and it is the last thing that anyone wants to go through while they are mourning.
I decided then and there a better way must exist. And it does. That better way is an effective estate plan.
I’ve helped 1000’s of families avoid probate and other legal messes.
Guiding You Step-by-Step: Success System
Estate Planning – The Superior and Only Effective Way
Estate planning is the superior and the only effective way to protect what you have from the nursing home, avoid probate, and prepare for incapacity for your peace of mind and quality of life
Estate planning is about preparing for the management of your affairs and distribution of your assets during and after your lifetime. A great estate plan will minimize (or eliminate) taxes and other major expenses like probate and losing it all to a nursing home. A plan also prepares for any chance of incapacity in the future. Plans allow your family to act instead of react when time matters most.
A great plan answers these questions, and more:
- How can I save my house from the expenses of nursing home care and ravages of probate?
- How can I make it easier on my family during already hard times by avoiding probate and other legal messes?
- Who will take care of and raise my children if I can’t?
- How do I assure who gets what, when, how, and how much and manage it wisely?
- Who will manage my assets and affairs when I’m incapacitated?
Securing Your Future and Protecting Your Loved Ones With Estate Planning
When it comes to the future, none of us can predict what lies ahead. Life is unpredictable, and anything can happen at any time. That’s why estate planning is so crucial, even if you’re not wealthy or retired. It’s about making sure that your assets are distributed according to your wishes and your loved ones are protected.
Imagine this scenario: you’re suddenly incapacitated, and you can’t make decisions for yourself. Who will make those decisions for you? Or what if you pass away suddenly? Who will inherit your assets and manage your estate? These are essential questions that estate planning can answer. While estate planning can be emotionally challenging, it’s crucial to take control of your future and protect your loved ones.
What is Estate Planning?
Estate planning is the process of managing your assets during your lifetime and ensuring that your assets are distributed according to your wishes after your death. It’s about securing your legacy and protecting your loved ones by planning for the future. Estate planning includes creating a will, setting up trusts, designating beneficiaries, and planning for taxes.
The Importance of Estate Planning
Estate planning is essential for several reasons. First, it allows you to take control of your future and plan for the unexpected. Second, it ensures that your assets are distributed according to your wishes and not subject to the default rules of state law. Third, it can help minimize the burden on your loved ones by making your wishes clear and avoiding legal disputes. Fourth, it can help you minimize taxes and protect your assets.
The Basics of Estate Planning
Let’s explore the basics of estate planning and how you can get started.
Creating a Will
A will is a legal document that outlines how you want your assets to be distributed after your death. It’s the most common estate planning document, and it’s essential, regardless of your age or financial situation. A will can also designate a guardian for your minor children and name an executor to manage your estate.
Setting Up Trusts
A trust is a legal entity that holds assets for the benefit of a beneficiary. Trusts can be used to avoid probate, reduce taxes, and protect assets from creditors. There are several types of trusts, including revocable trusts, irrevocable trusts, and charitable trusts.
Designating beneficiaries is another crucial aspect of estate planning. Beneficiaries are the individuals who will inherit your assets after your death. You can designate beneficiaries for your retirement accounts, life insurance policies, and other assets. It’s essential to update your beneficiaries regularly, especially after significant life events, such as a marriage, divorce, or the birth of a child.
Power of Attorney and Healthcare Directives
A power of attorney is a legal document that authorizes someone to act on your behalf if you’re unable to do so. It’s essential to have a power of attorney in case of incapacity or disability. Healthcare directives, also known as living wills, are legal documents that outline your wishes for medical treatment if you’re unable to make decisions for yourself.
Working with an Estate Planning Attorney
Estate planning can be complex, and it’s essential to work with an estate planning attorney to ensure that your wishes are met. An estate planning attorney can help you create a comprehensive estate plan, review and update your plan regularly, and navigate complex legal issues.
Common Estate Planning Mistakes to Avoid
There are several common estate planning mistakes to avoid, including not updating your plan regularly, not designating beneficiaries, not considering tax implications, and not planning for incapacity. It’s essential to review your estate plan regularly and work with an estate planning attorney to avoid these mistakes.
Estate planning may be emotional and challenging, but it’s essential to take control of your future and protect your loved ones. By creating a comprehensive estate plan, you can ensure that your assets are distributed according to your wishes, avoid legal disputes, and minimize the burden on your loved ones. Work with an estate planning attorney to create a plan that meets your unique needs and goals.