Ask The Pros
Relevant answers to the most common questions about estate planning and elder law.
Asset Protection
What If I Don’t Have a Plan?
Lindsey, if I pass away, what happens to my family if I don’t have an estate plan? – Laney Laney, Arkansas law actually does provide …
Probate
How Can We Keep This Out of Probate?
Justin, my dad recently passed away, and my mom has been hit with a surprise that we don’t know how to handle. She recently received …
Probate
What Is So Bad About Probate?
Lindsey, I keep hearing that I need a trust to avoid probate, but what exactly is probate and why is it so bad? – Jamie …
Asset Protection
Why Should My Power of Attorney be Effective Immediately
Melissa, I’ve heard that my Power of Attorney should be effective immediately – as soon as I sign it – rather than it taking effect …
Tax Considerations
Transferring The Home to My Kids
James, I know that I want my children to get the home and land when I die, so why not just give them a deed …
Tax Considerations
Taxes and Trust
Lindsey, I’m interested in a living trust, but everyone keeps telling me that a trust will make my income taxes go up. Is this true? …
Long-Term Care Planning
Can Mom Pay Me To Care For Her
Melissa, I am spending roughly 25 hours per week at my mother’s house caring for her, which means I am only able to work about …
Probate
Explain What Types of Trusts Are Out There
James, I was talking with a friend at church she and her husband just made a family Trust. Is that different from a living trust? …
Medicaid Benefits
Do We Have To Spend Down To Nothing?
Justin, Last month my mom admitted my dad to a nursing home. Medicare has been covering the charges so far, but she just got word …
Estate Planning
I Created a Trust—Now Am I Protected?
Justin, I recently worked with an attorney to create an estate plan centered on a trust. Can I relax? Am I protected now? – Tim …
