Arkansas Estate Planning Law Firm in Springdale
Springdale Estate Planning Attorney
Secure Your Future: Protect Your Legacy and Your Loved Ones with Effective Estate Planning
- Prevent Probate;
- Protect Family & Assets;
- Be Prepared for the Unexpected
What would happen if you didn’t make it home?
What would happen if you couldn’t make your own decisions?
None of us are Going to Live Forever
We could have an accident or medical incident any moment that leaves us unable to make decisions or worse. Have you picked who you want and made it legal? Or are you going to let a Judge decide?
Our days on this earth are numbered and, while it isn’t the most pleasant conversation piece, neglecting to face it could make things far more unpleasant for our family or friends when we’re gone.
The last thing any of us wants to do is add complication, confusion, or even conflict on top of an already challenging time.
Stay in Control
Feel safe and secure about your assets and legacy. Be assured your loved ones will be taken care of and your wishes will be honored if you are incapacitated and after you’re gone.
Protect Your Home
Don’t give it all to a nursing home. Don’t lose a big chunk to probate.
Rest Easy & Stop Worrying
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. Stay in control.
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 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.
The Best Wills and Trusts Attorney
The Best Elder Law
Three Simple Steps – Leave Nothing to Chance
Springdale 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?
What is Springdale Estate Planning?
Estate planning is the process of arranging for the management and distribution of your assets after your death. It involves creating a will, identifying beneficiaries for your assets, and appointing a trusted person to act as an executor or trustee. Estate planning can also include creating trusts, setting up powers of attorney, and establishing healthcare directives.Why is Estate Planning Important?
There are several reasons why estate planning is important, including:- Control: Estate planning allows you to have control over how your assets are distributed after your death.
- Protection: Estate planning can protect your assets from unnecessary taxes and fees.
- Family: Estate planning can provide for your loved ones and ensure they are taken care of after you pass away.
- Peace of Mind: Having a comprehensive estate plan in place can give you peace of mind knowing that your wishes will be carried out.
What is Included in a Springdale Estate Plan?
A comprehensive estate plan should include the following:- Will: A will is a legal document that outlines how your assets will be distributed after your death. It can also name guardians for your minor children and specify funeral arrangements.
- Beneficiary Designations: Beneficiary designations are used to designate who will receive your assets after your death. They are commonly used for life insurance policies, retirement accounts, and investment accounts.
- Trusts: Trusts can be used to manage and distribute your assets after your death. There are several types of trusts, including revocable living trusts, irrevocable trusts, and charitable trusts.
- Powers of Attorney: Powers of attorney allow you to appoint someone to make financial and healthcare decisions on your behalf if you become incapacitated.
- Healthcare Directives: Healthcare directives, also known as living wills, outline your wishes regarding medical treatment in the event that you become unable to make decisions for yourself.
Choosing an Executor or Trustee
Choosing an executor or trustee is an important part of estate planning. This person will be responsible for managing your assets and ensuring that your wishes are carried out after your death. When choosing an executor or trustee, consider the following:- Trust: Choose someone you trust to act in your best interests and carry out your wishes.
- Competence: Choose someone who is competent and has the skills to manage your assets.
- Availability: Choose someone who is available and willing to take on the responsibility of being an executor or trustee.
Common Estate Planning Mistakes
Estate planning can be complex, and there are several common mistakes people make. These include:- Not having a plan in place: Failing to create an estate plan can result in your assets being distributed according to state law, which may not be in line with your wishes.
- Failing to update your plan: Your estate plan should be updated regularly to reflect changes in your life, such as the birth of a child, marriage, divorce, or the acquisition of new assets.
- Failing to consider taxes: Failing to consider taxes can result in your estate incurring unnecessary taxes and fees.
- Not considering long-term care: Failing to plan for long-term care can result in your assets being used to pay for your care, leaving little to nothing for your loved ones.
Getting Help with Estate Planning
Estate planning can be complex, and it’s important to get help from a qualified professional. A few options for getting help with estate planning include:- Estate Planning Attorney: An estate planning attorney can help you create a comprehensive estate plan that meets your needs and goals.
- Financial Advisor: A financial advisor can help you manage your assets and create a plan for their distribution after your death.
- Estate Planner: An estate planner can help you create a plan for your assets and ensure that your wishes are carried out after your death.