The Riddle Firm, PLLC

Estate Planning and Elder Law Blog Digest

Arkadelphia, Hot Springs and Little Rock, Arkansas

Category: Estate Planning

Estate planning services refer to the process of managing and distributing one’s assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

Though often confused, estate administration and trust administration involve distinct processes for managing and distributing assets after death, with different rules, responsibilities and timelines.

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The most effective means to avoid intestacy is to execute a will or revocable trust.
Grieving families left confused from coast to coast as assets freeze after loved ones die.
Many people assume a will controls all assets after death—but beneficiary designations often override it entirely.
We all know we’re going to die one day. There are things we should put in order before that time comes.
This expert guide presents 11 proven methods to handle estate settlement properly with support from professional advice and tested practices.
Handling legal documents without expert guidance can lead to costly mistakes, overlooked details and unintended consequences.
In addition to the health care directive, other items that are part of estate planning include designating a financial power of attorney and establishing a will or trust.