The Benefits of Establishing a Trust (Ledly Jennings Commentary)

The Benefits of Establishing a Trust (Ledly Jennings Commentary)

If you’ve recently flipped through Arkansas Business and scanned the latest real estate transactions, you might have noticed something: Many high-dollar purchases and sales of properties across the state list a revocable or living trust as the owner. You might wonder why the wealthy favor this arrangement. Let’s first clear the air: A trust isn’t just a mechanism for the wealthy to protect their estates. It’s one of the most practical, accessibl…

The Benefits of having a Testamentary Trust

Ensuring your legacy with smart estate planning Planning for the future is one of the most responsible steps that you can take to protect your loved ones. While a Will is essential, a testamentary trust can provide even greater security and flexibility when it comes to managing your estate. Here is why you should consider including a testamentary trust in your estate plan. What is a testamentary trust? A testamentary trust is a trust created wit…