A major pitfall of opting for a bare bones living trust is that it fails to address the funding requirement, the most important step in creating an effective trust. If a living trust is not fully funded, it cannot achieve probate avoidance. In order to accomplish this, the intended trust assets must actually be transferred to the trust in one of three ways. Learn more about Arkansas bare bones living trusts in this presentation.
Wilcox Attorneys, PA is a Fayetteville-based law firm dedicated to helping families and businesses across Northwest Arkansas, including Springdale, Rogers, and Bentonville, plan for the future with confidence. Founded by attorney Audra Bailey Wilcox, our mission at Wilcox Attorneys is simple: put your needs first.
We take time to understand your goals and explain your options in plain English. Whether you need a comprehensive estate plan or guidance for your business, we make the process clear and stress-free. You tell us what you want; we create a plan that protects your wishes and your assets.
We take time to understand your goals and explain your options in plain English. Whether you need a comprehensive estate plan or guidance for your business, we make the process clear and stress-free. You tell us what you want; we create a plan that protects your wishes and your assets.
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