In Arkansas, it is important for people of all ages to have at least a basic estate plan. That is generally done by writing a will. However, as life changes, people may need to update their will or revoke it entirely. There are even times when a revoked will needs to...
We’ve spent some time on this blog discussing the importance of getting your parents and elderly ones on track with the creation of their estate plan. While this is an important step to help them accomplish, you can’t overlook the importance of your own planning, even...
As an Alabama property owner, you might know that the government can sometimes take all or part of your property if it must use it for some other legitimate purpose. This is called a taking or a condemnation and the government must pay you compensation for it. The...
Deciding to set up an estate plan is a wise and responsible decision. Most people associate an estate plan with a will, but there are other types of documents that could be helpful as part of an overall estate plan. One of these documents is a power of attorney. You...
Solid contracts are the best way to ensure that your business needs are met in a safe and secure fashion. Yet, regardless of how sound your business contracts may seem, there may come a time when the terms of an agreement are violated. Such a breach of contract can...
Can your neighbor use the private road on your property to reach the main road? Or can the electric company enter your backyard when you are not home to perform maintenance and repairs on equipment? In many situations like these, your neighbor or a utility company can...
If you have a loved one with extensive medical needs, you might worry about how they’re going to get by when you’re no longer around. Fortunately, there are steps that you can take to ensure that there’s a plan in place for them. One of your best options is to use a...
When people think about estate planning, they often conjure images of wills and trusts, all aimed at specifying how assets will be distributed. While this is certainly a major component of the estate planning process, it isn’t everything. So, if you devote all of your...
Business owners with a strong passion for a charitable cause such as cancer research or human rights might want to establish a non-profit corporation to raise funds and promote education for the cause they so much believe in. This act of benevolence is recognized as...
You and your siblings inherited the family farm. No one wants to sell it, but how do you divide it up so that each of you winds up owning your fair share of the land? Or what if one sibling wants to sell the farm, but the others do not? In either case, the land must...