In this post, I discuss the per capita and the per capita at each generation manners of inheritance distribution. For more detailed information, please see my book, The Simple Guide to Estate Planning: A Look at Wills, Trusts, and Taxes. Photo by Paul is Read more…
In this post, I discuss the per stirpes manner of inheritance distribution. For more detailed information, please see my book, The Simple Guide to Estate Planning: A Look at Wills, Trusts, and Taxes. Photo by Joe Campbell is licensed under CC BY-SA 2.0. This Read more…
Last Will And Testament by Ken Mayer is licensed under CC 2.0. Despite popular images to the contrary, forming a will is much more than simply making your desires known. To prevent fraud and to ensure that the testator’s wishes are accurately carried out, courts Read more…
Photo by Ben Freedman is licensed under CC 2.0. Sometimes when speaking with clients, the question arises, “Does my will need to list all of my property?” The answer is no. In fact, unless you plan on making very specific bequests—“my car to my Read more…
In this post, I discuss ways that you can avoid probate in Arkansas. Potential solutions range from the very simple to the quite complex. Courtroom by Clyde Robinson is licensed under CC 2.0. For many, the hassles and expenses of probate are something they Read more…
In this post, I discuss the steps Arkansas requires to disinheriting children. It’s not as easy a simply leaving a child out of your will. Photo by Elliott Brown is licensed under CC 2.0. Many parents, for various reasons, want to disinherit a child. Read more…
In this post, I discuss the anti-lapse statute, how it affects a bequest to someone who predeceases you, and how it can save an impossible will provision. Last Will And Testament by Ken Mayer is licensed under CC 2.0. At common law, a bequest could Read more…
In this post, I discuss the different types of Title II weapons as defined by the National Firearms Act, including machine guns. Logun S-16 PCP rifle by Samuel Johnson is licensed under CC 2.0. This content uses referral links. In a previous post, I discussed Read more…
In this post, I discuss how the gifts you make may result in a large tax bill, courtesy of the federal gift tax, and how this backstops the estate tax. Hammer365: 087/278 Taxes Are Done! by David Reber is licensed under CC 2.0. The Read more…
Photo by Judith E. Bell is licensed under CC 2.0. The estate tax is a tax on large estates levied at death, thus earning the moniker “the death tax.” The estate tax has gone through many changes and revisions since its first modern implementation Read more…