Northwest Arkansas Estate Planning Attorney
Stop Worrying and Enjoy Life
Protect What Matters Most
Make Sure Your Wishes are Honored
Get the Right Plan for You
You and Your Family Can’t Afford No Estate Plan or the Wrong Estate Plan
- A plan is more than a Will
- Save your family from the ordeal of probate court
- One mistake in your estate plan can lead to the wrong people getting the money and house or the whole plan falling apart.
- Your family’s financial and private information can be exposed to the public leading to financial predators preying on your family.
- The Judge will be in charge of who gets what, when, how, and how much. The Government will interfere in your private affairs.
Save Your Family From the Painful Ordeal of Probate
Your effective estate plan saves your family from the headaches, expenses, and anguish of probate
Protect Your Home From the Nursing Home With an Estate Plan
Don’t give it all to a nursing home. Don’t lose a big chunk to probate. Know somebody you know and trust will 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 Get it…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.
We’ve helped thousands of people just like you create an effective estate plan with little to no stress.
Northwest Arkansas Estate Planning – Your Guide to Success
I know first hand how hard it is to lose somebody and the headaches that follow.
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.
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?
- Who will take care of my children if I can’t?
- How do I assure who gets what, when, how, and how much?
- Can I help my children manage their inheritance wisely?
- Will my family end up in the painful, expensive, lengthy ordeal of probate?
- Who will manage my assets and affairs when I’m incapacitated?
Who Needs an Estate Plan? Anybody Over 18 Years Old
Everybody over 18 years old needs an estate plan. It is a common myth that only the rich and elderly need an estate plan. That myth simply isn’t true. Anybody that cares about their future or disposition of their property needs a plan. Planning prepares you and your family for the unforeseeable events of life.
Estate Planning Techniques
The techniques and strategies used by an estate planner depend on the property, wishes, and goals of the person planning. Here are a just some of the most common techniques used by the DeWitt Law Firm to protect the future and guide you to success.
Last Will and Testament
A Will alone requires probate.
A Will does nothing for you during your lifetime. They don’t help a person manage their affairs if they become unable to because of illness, medical incidents, dementia, accidents, and more…
You can think of your Will as a list of instructions to the Probate Judge as to who gets what, when, how, and how much. It also names who you want to take care of minor children and may be the only place you can nominate guardians for them.
Durable Power of Attorney for Finances and Legal Matters
Perhaps the most important thing you can do for yourself for lifetime protection is create a Durable Power of Attorney. This is where your appoint somebody to manage your affairs when you can’t. This person can manage your finances, personal matters, and legal issues.
Power of Attorney for Healthcare
This names the people you want to make healthcare decisions when you can’t. This person does not have be the same as the person you name in your Durable Power of Attorney. It is crucial to have this document or the doctors can take over and make all the decisions.
You can name the people to get the accounts and avoid probate. There are a variety of names for this. You may hear it called “payable on death,” “transfer on death,” “title on death,” and “beneficiary designation.” It is preferred to do this instead of adding your children to the accounts. When you do that, their financial problems become your financial problems. The same goes for putting you children on the deeds now. You can use a “beneficiary deed” to pass the house to your children. And it avoids Medicaid issue and Probate.
A great way to avoid probate and provide for asset management. Unlike a Will, a Trust is private so you and your family protect their privacy. The time and expense in settling a trust is usually a small fraction of what Probate would take.
Get The Dangers of Not Having a Will or Only a Will…FREE
- What more than a Will do I need to protect me, my family, and my money?
- What happens if I don’t have a plan and something unexpected happens tomorrow?
- What happens if I only have a Will?
- How do I shield my family from the ordeal of Probate with its exorbitant legal fees, Government intrusion, and publicity?
- How do I avoid tragic lifetime legal problems for myself and my family caused by lack of planning?
- What do I need to stop the Government from intruding into my private family affairs and protect my privacy?
- Should I have a Will or a Trust (or both)?
- Is a Will enough to protect me, my family, and my money?
- What causes Probate and why Probate?
- …AND MANY MORE