Plan for your best future.
No matter your stage in life, you need a plan. The Elrod Firm isn’t a general practice law firm that does a little bit of everything. We’re an Arkansas estate planning and elder law firm that limits our practice to helping clients put the right plans in place at the right time.

Estate Planning
You already know planning is important. The trouble is, most people don’t know where to start. If that’s where you are, you’re not alone. You’re headed in the right direction when you realize a strong estate plan takes into account three things: the method of transfer, tax considerations, and asset protection for long-term care.
Method of Transfer
- Stay out of probate court when you die
- Ensure your estate gets into the right hands
- Protect your heirs from themselves and others
Tax Considerations
- Know whether the estate and gift taxes matter to you
- Minimize capital gains taxes when your property is sold
- Protect retirement accounts from accelerated taxation
Asset Protection
- Plan ahead for the Medicaid five-year look back
- Prepare for the VA benefit three-year look back
- Shelter your home from Medicaid liens
Emergency Planning for Long-Term Care
Planning ahead is not always an option. Emergencies happen. In those difficult cases, the last thing you want to do is figure things out on your own. Creating an emergency plan will minimize the stress and financial burden that often hit in these situations. You may be surprised at what options you have.
Emergency Long-Term Care Planning
Whether you're looking at bringing a caregiver into the home, considering assisted living facilities, or in need of nursing home care, there may be last-minute asset protection plans available.
Medicaid Benefits
You may think Medicaid isn't an option because of your income or assets, or fear of losing your home. Whatever the reason, schedule a time to meet with us. You might not have to pay nursing home bills until you're broke.
Veterans Benefits
If you're a veteran or the surviving spouse of a veteran, it's worth learning about the Aid & Attendance benefit available through the VA to help cover the high costs of long-term care.
Legal Representation in the Courtroom
Nobody wants to go to court, but sometimes it’s necessary. Probate and guardianship court can be a long and emotional process. You want experience on your side to make it as painless as possible.
Probate Services
If you've tried to close out an account or sell the real estate of a deceased family member without success, you might need court authority through the probate process to wrap up those affairs. We can help.
Guardianship Services
When you need authority to help a loved one but it’s too late to get power of attorney, or when a person's health needs increase to where power of attorney isn't enough, guardianship might be the only option. We can help.
We wrote the book on planning. Literally.
The insider strategies listed in this book can save (or make) you tens of thousands if executed properly. You Need A Plan is your starting point to preparing for the future.
