Estate Planning

Estate planning is not only for older individuals or those who have children. Every adult can benefit from having one in place. Unfortunately, CNBC reported that 67% of people in the U.S. do not have an estate plan. If you are still on the fence, it can help to look...

The passing of a loved one marks a challenging time, and dealing with legal matters only adds to the complexity of the situation. When a person passes away, their will comes into play, outlining their intentions for distributing assets among beneficiaries. However,...

Going through a divorce is a significant life event that may cause emotional turmoil and stress. However, as you navigate this challenging time, remember that certain practical aspects need your attention too. One of these is your estate plan. Once the divorce process...

For decades, individuals and families have relied on the 4% rule of spending in retirement. This popular guideline recommends spending no more than 4% of your savings each year, with annual increases to account for inflation. A few factors indicate this rule might not...

Some people in Arkansas never create estate plans, and many cite similar reasons for not doing so. Some say they did not create an estate plan because they felt as if they did not have enough assets to warrant doing so. Others claim they never did so because they did...

A will plays an important and necessary role in any Arkansas estate plan, but a will only does so much. While a will lets you dictate who you want to inherit your assets when you die and gives you a chance to appoint someone guardian over your children, you may have...

Having an Arkansas estate plan is important for several key reasons. First, it gives you control over what happens to your assets, legacy and personal affairs. Second, it helps your loved ones and beneficiaries know your wishes with regard to asset distribution,...

Estate planning is a term commonly associated with wealthy people who have a lot of personal assets. However, having a strategy of your own is an important investment regardless of your status. Examining the benefits of an estate plan may give you the incentive to...

Creating an estate plan is an important first step, but many people forget that it is only a first step. After all, the point of an estate plan is to accurately reflect a person's life at the time of their death. To ensure that an estate plan is as updated as...

If you write a will when you are in your 20s, chances are that it will no longer be accurate decades later. Fortunately, wills are documents to which you can make changes whenever you need to. Nevertheless, it is necessary to make it clear which version of your will...