When going through a divorce, there are lots of things to consider. How much property will I keep? Where will my children live? What do I need to prove for the court to grant my divorce? Divorce is never an easy process, but you don’t have to go through it alone. Kevin A. Watts, Attorney…
When a loved one passes away, their estate will often go through a court-managed process called probate. The time required to complete probate varies based on the size and complexity of the estate, but in most cases it takes upwards of 6 months. What are the steps in the probate process? – Filing…
If you file for Chapter 7 Bankruptcy in Arkansas, what property can you keep? In Arkansas, you can use either the Federal or State Bankruptcy exemptions. If you choose to use the state exemptions, you can keep the following property: – A rural homestead up to 80 acres regardless of value or urban homestead not…
What happens if you don’t have an estate plan? – You lose your right to decide who will take care of your children if something happens to you. – You leave it up to the government to decide who will get your property. – You lose the opportunity to make sure your family has less…
One of the most frequently asked questions when it comes to estate planning is the decision on whether you need a Last Will and Testament or a Trust. The most common type of trust utilized when estate planning is a Revocable Living Trust. A Revocable Living Trust is a written legal document that places your…