Wills, Trusts, & Probate Attorneys
Estate Planning Guidance for Clients in Northwest Arkansas
If your goal is to protect your legacy and make sure the loved ones in your life are financially secure after you pass away, then you need to meet with our dedicated and compassionate legal team at Martin Attorneys, PA to draft a comprehensive estate and probate plan. One of the most important steps you can take to care for your family and show your love for them is to draft and execute crucial legal documents that will convey your wishes in case you die or become incapacitated.
Our dedicated legal team is here to help you draft and execute any of the following estate planning documents:
- Last Will and Testament
- Living Wills
- Joint Wills
- Holographic Wills
- Durable Power of Attorney
- Medical Power of Attorney
- Revocable Trusts
- Irrevocable Trusts
- Charitable Trusts
- Special Needs Trusts
- Testamentary Trusts
- Asset Protection Trusts
We also help families across Northwest Arkansas with Probate, which is a legal process through the Courts that is generally required after a person passes away. Probate can be done with or without a will, but it is much easier on your family if you have a valid will. To discuss what to expect from probate, reach out to Martin Attorneys, PA to set up a free first visit with our legal team.
- Understanding Wills And Estate Law
- Should I Get a Will or a Trust?
- What Type of Trust Should I Have?
- What is a Durable Power of Attorney?
Does Every Estate Need To Go Through Probate?
No, not every estate needs to go through probate. The requirement for probate largely depends on the type and value of the assets involved, and the laws of the state where the deceased person resided.
Probate may not always be required if the assets are owned jointly or if the deceased person's estate is small. If an estate’s total value is less than $100,000, it can be settled through small estate administration. Certain assets, including retirement funds or life insurance, usually flow straight to the designated beneficiaries and don't require going through probate. In a similar vein, assets held in a joint tenancy or living trust also avoid the probate procedure.
However, when a person dies without a will (intestate) or owns sole assets that do not have designated beneficiaries, those assets generally must go through probate. If you want to ensure that your estate is planned properly and that you avoid the probate process, be sure to consult with a qualified Arkansas probate attorney at Martin Attorneys, PA. We have years of experience and a thorough understanding of Arkansas probate laws -- get in touch with us as soon as possible.