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The Benefits of Establishing a Living Trust in Arkansas
Kimbro Stephens

Living trusts are a powerful tool for Arkansas residents looking to protect their assets and simplify estate administration.

 

What Is a Living Trust?

 

A living trust allows you to transfer ownership of assets during your lifetime while maintaining control. Upon your passing, the trust dictates how these assets are distributed.

Benefits of a Living Trust in Arkansas:

  1. Avoid Probate: Trust assets are not subject to probate, saving time and costs.
  2. Privacy: Unlike wills, trusts are not public record, protecting your family’s privacy.
  3. Incapacity Planning: A living trust can include provisions for managing your assets if you become incapacitated.

Examples of Assets to Include:

  • Real estate
  • Bank accounts
  • Investment portfolios

Establishing a living trust requires careful planning. Let Jurist Law guide you through the process and help you secure your family’s financial future.

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