Estate Planning

Charitable giving plays a key role in estate and financial planning, but not all methods work the same way. Two common tools, charitable trusts and Qualified Charitable Distributions (QCDs), offer tax advantages and help support charities. However, they serve...

Blended families face unique challenges in estate planning. Partners often bring children from previous relationships, so it’s wise to create a plan that protects everyone’s interests. A good plan ensures fair treatment for biological children, stepchildren, and...

As healthcare costs rise, planning for long-term care has become an essential part of estate planning. Long-term care can include services like nursing home care, in-home care, or assisted living, and these costs can quickly deplete assets. It is wise to plan ahead to...

Estate planning is an essential process for managing an individual's assets and distributing them according to their wishes after death. The goal of estate planning is to provide clarity and direction for distributing assets, minimizing taxes, and protecting...

Creating an estate plan in Arkansas involves critical decisions about who will receive your assets. Deciding who receives your assets can be challenging, but a thoughtful approach ensures you honor your wishes. Assess your relationships Start by evaluating your...

If you have established an estate plan, it's important to keep it updated to ensure it accurately reflects your current wishes and circumstances. In fact, it may be a good idea to reconsider important sections on a regular basis. Revise your will after major life...

Selecting a guardian for your child in the event of your demise is a significant responsibility. Taking thoughtful and deliberate steps ensures the well-being and secure future of your child. Consider these key points in making this important choice. Values and...

An Arkansas divorce often prompts the need to revisit various aspects of your financial and legal affairs. An important consideration during this period is the reassessment of estate planning documents. As relationships change, it remains important to ensure that your...

The Caring.com 2023 survey revealed that two out of every three people in the U.S. do not have an estate plan. One of the foundations of a good plan is a will. Creating a valid will in Arkansas involves adhering to specific legal requirements to ensure proper...

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...