This post discusses some of the differences between an advance directive and a living will. Although they are largely the same, there are a few important things worth pointing out for Arkansas residents considering drafting these important documents.
Avoiding probate in Arkansas primarily comes down to good estate planning. A little bit of pre-planning and foresight can save plenty of headaches down the road. Natural State Law is here to help advise through the entire process.
A special needs trust (SNT) can be an invaluable planning instrument to set aside financial resources for the ongoing care of a disabled beneficiary. There are specific rules to follow when setting one up so it can be the most effective, and the help of a knowledgeable estate planning attorney is crucial.
An effective estate plan ensures that your wishes are fulfilled regarding assets and property. A well-written estate plan, which would include a will and healthcare/financial powers of attorney, is worth the time and effort. Everyone can benefit from a plan, no matter how many or how few assets they may have.