Will your estate face federal or state taxes after you pass away? The answer to this question is complicated. Taxes after death depend upon the value of your assets, who inherits, where you own … [Read more...] about Does Arkansas Have Estate or Inheritance Taxes?
How to Avoid Probate in Arkansas
If you have ever dealt with a prolonged probate, you may understand the importance of avoiding this timely and costly process. For small estates with few heirs, probate may be short. For larger … [Read more...] about How to Avoid Probate in Arkansas
Do Living Trusts Offer Protection from Creditors?
Do you have a Living Trust? If so, you should know that your Revocable Living Trust does not offer asset protection. Unlike an Irrevocable Trust, a Revocable Trust can be changed because you are the … [Read more...] about Do Living Trusts Offer Protection from Creditors?
Do You Need a Living Will?
As of 2007, 41% of Americans had a Living Will. Are you among that number? If not, you should be. A Living Will is an important part of your incapacity plan. Medical Preferences The main … [Read more...] about Do You Need a Living Will?
What Happens to a Joint Account After Death?
Do you have a joint account with a spouse or other family member? If so, it is important to understand what will happen to your account after you pass away. Easy Inheritance A joint account is … [Read more...] about What Happens to a Joint Account After Death?