Will or Trust? Choosing the Right Estate Plan in Arkansas
A will is the foundation of most estate plans. A trust can do things a will cannot. How Arkansas families decide which they need.
Trust Attorney in Searcy, Arkansas
The short answer
A trust holds assets for your beneficiaries and can accomplish goals a will cannot, including avoiding probate. The most common is a revocable trust, which you can change during your lifetime. Buck C. Gibson, P.A. drafts both revocable and irrevocable trusts for clients in Searcy and central Arkansas.
Taking Estate Planning to the Next Level
When it comes to estate planning, trusts are a powerful tool. In the appropriate case, trusts can achieve many goals that a will cannot. At Buck C. Gibson, P.A., we know trusts. Our extensive experience and in-depth knowledge means that we understand how to incorporate trusts into an estate plan that makes sense for you and your family. Our law firm is available to develop trusts for people in Searcy, Arkansas, and throughout central Arkansas.
Trusts are complex legal documents that can be tailored to accomplish a wide range of goals. The most common type of trust is the revocable trust. This is a trust that is established during your lifetime. It is able to be modified at any time until your death, at which point it becomes irrevocable. At our law firm, lawyer Buck Gibson assists clients with both revocable trusts and irrevocable trusts.
A trust can help you avoid probate and eliminate the possibility of will contests or other disputes over your estate. Trusts also help the value of your estate to be disbursed over time, allowing your heirs to easily manage their assets. They can also assist in the minimization of estate tax implications.
Credit shelter trusts, supplemental needs trusts and more can be incorporated into your estate plan to achieve your goals. When you turn to us for assistance, we will take great care to provide you with trusts that are customized to your needs. You will get an estate plan that is right for you.
Contact a Trust Attorney in Searcy, AR
Contact the Searcy law office of Buck C. Gibson, P.A., by calling 501-268-4420 or by completing our online contact form to schedule a confidential consultation with a Searcy trusts attorney.
What is the difference between a revocable and irrevocable trust?
A revocable trust is established during your lifetime and can be modified at any time until your death, at which point it becomes irrevocable. Buck C. Gibson, P.A. assists clients with both revocable and irrevocable trusts.
Can a trust help me avoid probate in Arkansas?
Yes. A trust can help you avoid probate and eliminate the possibility of will contests or other disputes over your estate, while also allowing the value of your estate to be disbursed over time and assisting in the minimization of estate tax implications.
Visit the office on North Spring Street
The firm works from the restored 1920s Plaza Theatre in downtown Searcy. Many matters, including remote real estate closings and document preparation, can be handled without repeated trips to the office.
100 North Spring Street, Searcy, AR 72143Office hours: Monday through Friday, 8:00 AM to 5:00 PM. Consultations by appointment.
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Buck C. Gibson, P.A.100 North Spring Street, Searcy, AR 72143
501-268-4420 or toll free 866-930-2441
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