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RTY Law Arkansas
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More senior citizens are divorcing their spouses than in previous generations. That leads to some estate planning complications. It used to be that once people entered retirement age, it was extremely rare for them to seek a divorce. That is no longer the case. Elderly people are getting divorced today... Continue reading
Posted Aug 30, 2017 at Northwest AR Estate Planning
If you are getting married, then you need to create an estate plan or update the one that you already have. When you decide to get married, you normally are focused on all the good times you expect to have with your future spouse. You might think about the trips... Continue reading
Posted Aug 28, 2017 at Northwest AR Estate Planning
After your get an estate plan, you need to make sure that your spouse knows what to do with it. An estate plan is only as effective as the people who are tasked to implement it. The most well-written legal documents in the world are worth nothing, if they are... Continue reading
Posted Aug 25, 2017 at Northwest AR Estate Planning
Before you go on a vacation in a foreign country, you should make plans to see an estate planning attorney. Going on your first vacation to a foreign country can be an exciting experience. You will see all sorts of things you cannot find in the U.S. If you are... Continue reading
Posted Aug 23, 2017 at Northwest AR Estate Planning
Arranging your assets so that you will qualify for Medicaid, should you ever need to stay in a nursing home for long-term care is possible. However, many people question the ethics of doing so. Medicaid often does not get a lot of attention, despite its importance. However, with some in... Continue reading
Posted Aug 22, 2017 at Northwest AR Estate Planning
You can create a will by purchasing a form online and filing it out. However, it makes no sense to do so. One of the biggest questions people have about estate planning today, is whether they should use one of the several online legal document services. These services allow people... Continue reading
Posted Aug 18, 2017 at Northwest AR Estate Planning
Estate planning and retirement planning are not separate things. If they are done properly, you will do both at the same time. People often think of retirement planning as saving for their own financial needs, when they are no longer working. They also think of estate planning as something different,... Continue reading
Posted Aug 17, 2017 at Northwest AR Estate Planning
It is very easy to find bad estate planning advice on the Internet. Make sure that you are listening to experts. If you start Googling for advice about what to do with your estate, you are likely to find some good sources of information. You are also likely to find... Continue reading
Posted Aug 16, 2017 at Northwest AR Estate Planning
Most of the time, estate planning is not just about a deceased person's estate. It is also about elder law options. A long time ago, only wealthy people had estate plans prepared and the early estate planning options evolved to reflect their needs. They needed wills and trusts to pass... Continue reading
Posted Aug 14, 2017 at Northwest AR Estate Planning
Who you make the beneficiaries of your retirement accounts, can have major implications for your estate. When you first signed up for a retirement account, you might not have thought about all the details that were presented to you. This is especially true, if you were given retirement account forms... Continue reading
Posted Aug 11, 2017 at Northwest AR Estate Planning
If you are the parent of a recent high school graduate, then you should consider getting your child an estate plan. When our children are young and growing up, we try to teach them how they should act later in life. Every parent knows that the lessons they give to... Continue reading
Posted Aug 4, 2017 at Northwest AR Estate Planning
No matter who you are, how much money you have, or any other factor, estate planning is something you should do. Everyone who has ever worked in an estate planning attorney's office, has experienced the following scenario at least once. It is likely they have experienced it dozens and even... Continue reading
Posted Aug 3, 2017 at Northwest AR Estate Planning
When a person passes away owing debts, it is important that creditors follow the proper procedures to make their claims against the estate. Most types of debt do not die with the debtor. If there are any assets in the estate, then the estate is responsible to pay those debts.... Continue reading
Posted Aug 2, 2017 at Northwest AR Estate Planning
The high costs of funeral services creates a problem, because many people pass away without having the means for their own burials. Their remains still have to go somewhere. Every year, thousands of people with very little money pass away. Sometimes, it is not even known who these deceased people... Continue reading
Posted Aug 1, 2017 at Northwest AR Estate Planning
You now have the option to have your pet cremated and keep the ashes in an urn at home. A recent trend is for people to treat their pets just like any other member of their family. It is no longer just a dog or a cat. Your pet is... Continue reading
Posted Jul 31, 2017 at Northwest AR Estate Planning
One of the biggest questions in estate planning today, is whether a trust is the best option for your family. If you were to conduct a representative poll of middle class Americans about the best way to plan for your estate, it is almost certain that the majority of respondents... Continue reading
Posted Jul 28, 2017 at Northwest AR Estate Planning
Even though a vote over the Senate's bill to repeal Obamacare (Affordable Care Act) has been delayed, it is important to know whether or not it cuts Medicaid. The answer depends on how you look at it. Very little in government is ever straightforward. One example is the Senate Republican... Continue reading
Posted Jul 27, 2017 at Northwest AR Estate Planning
Repeal of the Affordable Care Act has been one the biggest news items in recent weeks. Changes to Medicaid in Republican proposals have received a lot of attention, but many people do not know exactly what Medicaid does. You probably know that Medicaid is the federal government program that provides... Continue reading
Posted Jul 26, 2017 at Northwest AR Estate Planning
A Spanish court has issued an order to exhume the body of legendary artist Salvador Dali, almost a quarter of a century after he passed away. Salvador Dali was well known both for his eccentric art and his eccentric lifestyle. He was not known to have any children, but one... Continue reading
Posted Jul 25, 2017 at Northwest AR Estate Planning
The new fiduciary rule for financial advisers has caused a lot of confusion about what is and is not allowed with retirement accounts. On June 9, a controversial new Department of Labor rule went into effect. The rule seems simple enough. Financial advisors who give investment advice to consumers about... Continue reading
Posted Jul 24, 2017 at Northwest AR Estate Planning
When it comes to estate planning, Americans procrastinate. However, it can only be put off for so long. Even people who like to make detailed plans about everything else, are often tempted to put off estate planning for as long as possible. It is just human nature to prefer not... Continue reading
Posted Jul 21, 2017 at Northwest AR Estate Planning
People have a lot of false ideas about estate planning and how wills and trusts work. They should seek out people who do know what is correct. We do not all like to admit it, but the truth is that we are all often wrong. Many of the things we... Continue reading
Posted Jul 20, 2017 at Northwest AR Estate Planning
Senate Republicans are planning to hold a vote on their version of repealing Obamacare by the end of June. No one knows yet what their bill contains. Republicans in Congress are moving forward with their plans to repeal the Affordable Care Act. The House of Representatives previously passed a bill... Continue reading
Posted Jul 19, 2017 at Northwest AR Estate Planning
Changes to New Zealand's foreign trusts laws might show that using offshore trusts to hide assets is more prevalent than previously thought. For many years, New Zealand has been thought of as a great place to hold foreign assets in trust. The nation had lax laws and allowed foreigners to... Continue reading
Posted Jul 18, 2017 at Northwest AR Estate Planning
The estate of a former Playboy model is suing a chiropractor for wrongful death. One of the many tasks that the executor of an estate has, is to assess whether anyone owes the estate any money or could be determined to owe the estate money, if sued. If the answer... Continue reading
Posted Jul 17, 2017 at Northwest AR Estate Planning