Frequently Asked Questions

Estate planning is the process of arranging how your assets, healthcare, and personal wishes will be managed if you become incapacitated or after your death. It typically involves creating documents such as wills, trusts, powers of attorney, and healthcare directives. A good estate plan not only ensures your property is distributed according to your wishes, but also helps your loved ones avoid unnecessary stress, costs, and legal hurdles.

Probate is the legal process of validating a will, paying any debts or taxes, and distributing a person’s assets after they pass away. In Arkansas, this process can take months or even longer and often involves court supervision, which can be stressful and costly for families. A well structured estate plan can reduce or even avoid probate, making things easier for your loved ones.

An advance directive, also called a living will, is a document that outlines your healthcare preferences if you become unable to communicate. Unlike a regular will, which handles property after death, a living will protects you during your lifetime by ensuring your medical choices are respected. It also brings peace of mind to your loved ones by removing uncertainty during difficult times.

A power of attorney or POA is a legal document that allows one person to grant another person the authority to act on their behalf. This authority can be broad or specific in nature and can cover matters such as financial, medical or other specific matters. 

A Will only takes effect after you die and usually has to go through probate court A Trust can take effect while you're alive, helps your assets pass directly to your loved ones, often avoids probate and fives more privacy and control.

While online forms exist, they can’t replace the guidance of a trusted advisor who knows Arkansas law. An attorney will tailor your estate plan to your specific needs, help you avoid mistakes, and give you peace of mind knowing your family is fully protected.

A will is an important tool, but it only takes effect after death and must go through probate, which can be costly and time-consuming. It also doesn’t cover what happens if you become incapacitated or need someone to make medical and financial decisions on your behalf. A complete estate plan often includes powers of attorney, healthcare directives, and sometimes a trust, all of which work together to provide protection for you and your family.