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Probate and Estate Administration
In the course of estate administration, we represent individuals and fiduciaries in all aspects of the probate and administration process. We are experienced in both defending and challenging the validity of wills and trusts. We also assist individuals, fiduciaries, and attorneys in other states with Arkansas property issues and ancillary probate matters related to any county in Arkansas.
We assist our clients with the complicated tax planning issues associated with the estate tax and the required tax and probate filings.
Estate Planning & Trusts
Our attorneys provide income, gift, and estate tax planning for individuals and family businesses. Among the areas of this practice are state tax matters, income tax planning, estate tax planning, trust preparation, charitable planning, organizational advice for businesses, and contested tax controversies or litigation with the Internal Revenue Service or the Arkansas Department of Finance and Administration.
Because of the diverse issues that face family businesses and individuals, the estate planning and trust group has various specialties in income tax planning, partnership and corporate taxation, estate and gift taxation, and state taxation matters. As needed the estate planning group can also contact other lawyers for expertise in banking, corporate, intellectual property, real estate, or litigation matters.
Among the diverse activities of this practice group are these activities:
- representing beneficiaries of estates or trusts by negotiating and settling family disputes;
- preparing wills and trusts for individuals, including revocable trusts, life insurance trusts, grantor retained annuity trusts, personal residence trusts, and generation-skipping trusts;
- planning for issues related to qualified plans, IRAs, stock options, and other income tax-savings for our clients;
- charitable planning, including tax advice and the creation and representation of private foundations and other charitable entities;
- establishing entities for the transfer of ownership or control of family businesses, through family limited partnerships or other similar entities; and
- resolving disputes with the State of Arkansas and the Internal Revenue Service through negotiation, and, if necessary, litigation.
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