Guardianship becomes necessary when an older adult cannot make decisions and lacks a valid power of attorney. The guardianship process can be complicated by family disputes, difficulties in proving the adult’s incapacity, and challenges with ongoing guardian responsibilities. Strategies such…
Are you a military veteran in Arkansas? If so, you have earned your benefits. It is imperative that you are able to access everything that is available in your time of need. The people of our state have done a…
Takeaways Your estate plan should be updated regularly, particularly after major life events (e.g., marriage, divorce, birth of a child, death of a loved one), significant financial changes (e.g., increase or decrease in wealth, real estate transactions), or other notable…
Takeaways A durable power of attorney is a legal document that allows a trusted individual to make financial or health care decisions on your behalf even if you become unable to handle your own affairs. This document provides long-term safeguards,…
Ensuring Your Elder Law Attorney Understands Medicaid Planning | Takeaways Working with an experienced elder law attorney who understands Medicaid Planning is crucial for long-term care planning and applications. Red flags indicating an attorney’s inexperience include a lack of specific…
Takeaways The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, significantly impacts estate and financial planning. The federal estate, gift, and generation-skipping transfer tax exemptions will rise to $15 million per individual starting in 2026.…
There may come a day when you or a loved one requires assisted living or nursing home care. While it’s not easy to think about, long-term care planning is a critical part of estate planning. In the United States—and especially…
Key Takeaways on Updating Your Estate Plan Regularly reviewing and updating your estate plan is essential to ensure your money, property, and health care preferences are managed and distributed as you wish. Life changes such as marriage, divorce, birth, or…
Talking about death—especially one’s own—is a subject many avoid. However, avoiding end-of-life conversations can cause confusion, stress, and unmet wishes for you and your loved ones. According to AARP, 85% of adults over 45 feel comfortable discussing end-of-life issues, yet…
Key Takeaways: Using a Deed to Transfer Property at Death Using a deed can help your heirs avoid probate court delays and expenses. However, deed transfers offer less control, no creditor protection, and no support if you become incapacitated. A…