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A Spousal Lifetime Access Trust (SLAT) is an irrevocable trust used in estate planning to help married couples reduce estate and gift taxes while keeping access to wealth through the beneficiary spouse. For couples in Arkansas looking to protect significant assets, an SLAT can be a powerful estate planning tool, especially before changes to federal […]

Medicaid planning in Arkansas offers significant financial and legal advantages for elderly individuals and families concerned about the rising long-term care costs. Without proper planning, the high cost of nursing homes, assisted living facilities, and necessary healthcare services can quickly deplete a person’s life savings. Fortunately, with a proactive approach, individuals can protect their assets, […]

How Title Transfer Works in Arkansas When someone passes away owning real property in Arkansas, transferring ownership isn’t always as straightforward as handing over a deed. The process of transferring property title depends on whether the deceased person left a valid will, the type of property owned, and whether the estate must go through probate […]

Knowing how to obtain financial power of attorney in Arkansas is an essential step in managing your future financial decisions. A properly executed legal document can give someone you trust—the attorney-in-fact—the legal authority to manage your financial affairs, conduct transactions, and act on your principal’s behalf. This guide covers the types of financial power of […]

A beneficiary deed, also known as a transfer on death (TOD) deed, is a legal document that allows a property owner to transfer real property directly to a designated beneficiary upon the owner’s death, bypassing the probate process. While beneficiary deeds offer several advantages, like helping avoid probate, saving on attorney fees, and simplifying the […]

When it comes to Medicare coverage, many people are unaware of the specific types of Medicare Advantage Plans available to individuals with unique health care needs. In Arkansas, Special Needs Plans (SNPs) are tailored to help people with chronic or disabling conditions, those who are dual eligible for both Medicare and Medicaid, or individuals living […]