I’m Looking for a Trust Attorney Near Me

When you want to find a trust attorney near me, there are several questions you should be asking yourself… Does the Trust Attorney Near Me Have Experience in Estate Planning and Trusts? Experience in estate planning, to the exclusion of other areas of law, is important. Estate planning is a large and important area of […]

Revocable Trust vs. Irrevocable Trust: Which Is Best for You?

Trusts allow you to avoid probate, minimize taxes, provide organization, maintain control, and provide for yourself and your heirs. In its most simple terms, a trust is a book of instructions wherein you tell your people what to do, when. While there are many types of trusts, the major distinction between trusts is whether they […]

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 […]

10 Types of Trusts: A Quick Look

Considering the myriad of trusts available, creating an estate plan that works can seem daunting. However, that’s what we, as estate planning attorneys, do every day. We know the laws and will design a plan which addresses your specific situation. Here’s a look at the basics of ten common trusts to provide a general understanding. […]

FAQ: Can I keep my children from squandering the money?

Leo’s parents passed after a car accident when he was 18 years old. Leo really did not have a lot of life experience managing money. However, his parents had a $1,000,000 life insurance policy that he was the beneficiary of. Leo took a lot of trips (first class of course), bought gifts for his friends, […]

Wills vs. Trusts: A Quick & Simple Reference Guide

Confused about the differences between wills and trusts? If so, you’re not alone. While it’s always wise to contact experts like us, it’s also important to understand the basics. Here’s a quick and simple reference guide: What Revocable Living Trusts Can Do – That Wills Can’t What Wills Can Do – That Revocable Living Trusts […]

When to use a Trust

when to use a trust

When to use a trust for Estate Planning? I’m going to tell you when you want to use a trust for planning and when you can get away with a Will plus some additional planning. Hi. I’m Gary, the owner and principal attorney of DeWitt Law in Northwest Arkansas. I’ve helped 1000’s of people here […]

Who should have a revocable trust or irrevocable trust?

What is a Trust? A trust is a “fictional” legal person that holds title to your property.  The trustee controls decisions for the property in the trust.  If you are confused, then I can’t blame you. Think of a trust as a bucket that you put your stuff into.  Then somebody, called the trustee, has […]