Knowledgeable Estate Planning And Administration Services For Your Legacy
Hatfield Harris, PLLC, helps individuals and families throughout Northwest Arkansas deal with the concerns that matter to them most. This includes providing estate planning services so that individuals can make certain that the needs of their families and children are met now and in the future. And through our estate administration services, we will help ensure the assets of the estate are correctly distributed.
Providing Personalized Attention To Your Estate Planning Needs
If you have substantial belongings and especially if you have children, it is essential that you put together a comprehensive estate plan. Estate planning allows you to preserve the assets you have during a divorce and during your retirement years. It also allows you to provide for your family and loved ones after you are gone.
Our attorneys and staff provide personalized estate planning advice and guidance designed to meet your most personal needs. We will take an individualized approach to your personal situation. When sitting down with one of our lawyers, we will get to know your needs and goals. We will take the time necessary to understand your circumstances before recommending a course of action.
We will assist you in preparing your will, necessary trusts, powers of attorney, advance directives and any other sort of document you may require. We will be there to help you with all your elder law and long-term planning needs.
Comprehensive Estate Planning Services In Rogers, Arkansas
At Hatfield Harris, PLLC, we offer a wide range of estate planning services to ensure your legacy is protected and your wishes are honored. Our comprehensive approach includes:
- Drafting and reviewing wills: Legal documents that specify how your assets should be distributed after your death
- Creating various types of trusts: Legal arrangements that can provide asset protection, tax benefits and specific distribution instructions
- Establishing powers of attorney: Legal authorizations for someone to act on your behalf in financial or medical matters
- Preparing advance directives and living wills: Documents that outline your health care preferences if you become incapacitated
- Developing strategies for asset protection: Plans to safeguard your wealth from potential creditors or legal claims
- Assisting with business succession planning: Strategies to ensure the smooth transition of your business to the next generation or new ownership
Our attorneys work closely with you to tailor these services to your unique needs and goals, creating a comprehensive estate plan that provides peace of mind for you and your loved ones.
Wills Vs. Trusts: Choosing The Right Tools For Your Estate
Wills are fundamental to any estate plan. A well-crafted will allows you to dictate the distribution of your assets, appoint guardians for minor children and potentially minimize estate taxes. Our attorneys in Rogers, Arkansas, can help you create a will that clearly expresses your wishes and meets all legal requirements.
Trusts offer additional flexibility and control over your assets. They can help avoid probate, provide for loved ones with special needs, protect assets from creditors and offer tax advantages. We can guide you through various trust options to find the best fit for your unique situation.
The Importance Of Estate Planning
In Arkansas, dying without a will (a situation called “intestate”) means the state decides how your assets are distributed, which may not align with your wishes. This can lead to family disputes, unnecessary taxes and delays in asset distribution. By working with our estate planning lawyers, you can avoid these complications and ensure your legacy is preserved according to your desires.
Providing Oversight Concerning The Estate Administration Process
The death of a family member or loved one results in a feeling of tremendous loss. At such a time, it is also necessary for the administrator of the estate to make important legal decisions. The estate administration is, unfortunately, complex. For that reason, having an attorney on your side who can help you through the entire process is an invaluable service.
We will take the necessary steps to make certain the estate administration process goes smoothly. We will make every effort to address relevant legal matters and help ensure that you meet all deadlines. Our assistance within estate administration and probate includes:
- Inventorying of estate assets as required by Arkansas statutes
- Paying of estate taxes and debt
- Distribution of estate assets
- Overseeing the carrying out of will provisions
- Advice and guidance concerning estate administration duties
We strive to take the weight off of your shoulders and help in the efficient and timely completion of the estate administration process.
Let Us Assist You
At Hatfield Harris, PLLC, in Rogers, we will do what is necessary to meet your most personalized needs. You can contact our law firm by calling 479-250-1962.
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