Living Trust Planning

Avoid Probate and Guardianship With A Living Trust Guide

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Receive your FREE Arkansas Living Trust guide. Learn more about how a trust works and if one is right for you. There is no obligation, and you’ll receive your book as soon as you click submit.

Creating A Living Trust

A living trust is a legal document that, just like a will, contains your instructions for what you want to happen to your assets when you die. But, unlike a will, a living trust can avoid probate at death, control all of your assets and prevent the court from controlling your assets if you become incapacitated.

Upon the death of a trust maker our law firm offers legal services to your successor trustee. The trustee is responsible for seeing that the assets of the trust are distributed properly and in a timely manner. The Stan Miller Law Group can guide you through the process of creating a living trust. Protect your wishes, family, and estate.

Who makes health care decisions if you can’t?

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Who manages your property and financial affairs if you can’t?

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Who will serve as guardian of your minor or disabled children if you can’t?

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Who will receive your property upon your death? How will they receive it?

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Living Trust Estate Plan

A living trust estate plan allows you to take control of all these decisions and provide the answers you choose without the supervision of the court system. Without directions from a living trust, decisions will be made by a judge during probate or by a guardian, someone who is appointed by the court.

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A Living Trust Protects Your Assets

A living trust protects your assets and estate from becoming public knowledge, as it would with a will. With a living trust, the estate will be distributed in private and only the document’s beneficiaries can see the contents of the trust.

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Provisions

Many clients also include provisions in their living trust estate plan to:

  • Protect property in the event their spouse remarries
  • Provide divorce, lawsuit, and immaturity protection for their heir
  • Make special provisions for heirloom property to pass on family traditions, faith, and values
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The Core of Every Estate Plan

Because a living trust is entirely revocable during your lifetime, it’s important to note that it does not provide any lifetime asset protection for you, and the assets in your living trust are a “countable resource” for purposes of the Medicaid spend-down rules — so your living trust does not protect your assets from the cost of nursing home care (An irrevocable Medicaid Asset Protection Trust is required to provide that protection).

Still, a living trust is a very powerful and flexible tool, and we believe it should be the core of every estate plan.

Download The Arkansas Living Trust Book

It can feel like the process of creating a living trust is complicated, and it’s understandable if you feel overwhelmed with the decisions. At the Stan Miller Law Group, our trust attorney is committed to helping our clients understand the importance of having a living trust when planning their estate.

A living trust is a powerful document that provides the most protection and control over your estate and how it will be distributed. Our living trust guide will walk you through the process and provide detailed information to help you make an informed decision.

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