Few things are more rewarding than raising a child. After all, you have an opportunity to mold the young one in your family into a unique and competent adult. Still, because of a terminal illness or catastrophic injury, you may die before your child turns 18. While it...
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Year: 2021
What is a fiduciary duty in estate planning?
As you plan your estate in Arkansas, it is important to understand the concept of fiduciary duty. Someone with fiduciary duty has the authority to manage your financial or other interests and agrees to put those interests before his or her own. Get the facts about...
Is a will enough? Three other estate planning documents to consider
Whether you are just starting a family or have already retired, if you are like many Americans, you may have avoided planning your estate. According to a 2021 survey by Caring.com, two out of every three U.S. adults do not have a will. You may assume that you do not...
Tips for choosing the executor of your estate
Being able to choose the executor of your estate can be one of the most important benefits of the planning process. The responsibilities of the role may be somewhat complex. It is best to avoid having your estate go through probate and leaving who will serve as...
Avoid common estate planning mistakes
Estate planning can be complex but it doesn't have to be more difficult than necessary. If you are planning your estate, avoid these common mistakes that can keep your legal and financial goals out of reach: Failing to update the plan: Priorities and life...