What is Estate Planning
"Estate Planning" is an umbrella term that encompasses the complete plan to take care of your loved ones both during life and after death. Included in this strategy is deciding who will overlook your financial and medical interests in the unfortunate case that you cannot decide for yourself. It is essential to consider your entire financial situation to ensure that the proper structures are in place to protect your loved ones and yourself.
News and Info
In these uncertain times, extraordinary measures are underway to ensure that Arkansans are able to access the tools needed for Estate Planning under circumstances that
When completing an Estate Plan, your Attorney should address all of your assets to ensure that your needs are addressed and that your loved ones
n Probate, the generic term for the person handling your Estate is the “Personal Representative”, which is a catch-all for such terms as Executor/Executrix (parties
Terms we use in Estate Planning
Please find a basic explanation of four significant terms we utilize in estate planning: Wills, Revocable Trusts, Powers of Attorney, and Probate. Please click the menu options at the top of the page for more information on any of these subjects.
A Will is a legal document that certifies your wishes for distributing your assets and the care of any children under 18.
A Revocable Trust is a living document that allows for the transfer of your property upon death without going into Probate court.
Powers of Attorney is a document that gives you the power to nominate a person or organization to manage your affairs in the event you are unable to.
Probate is the legal process by which a deceased individual's property is rightfully distributed to heirs and beneficiaries.