While there are many people in Arkansas who have an estate plan, there are just as many, if not more who do not. You may wonder if you should have one. There is no hard rule about who should and who should not. It is common to wrongfully believe that you only need one if you have a high value of assets. In fact, there are many cases where you might need an estate plan even if you do not have many assets at all.
With your Arkansas divorce complete and your child support schedule finalized, you may feel anxious about your future. If you should lose your job for any reason or encounter financial difficulty, you might miss a payment or two, which could cause your ex-spouse to go to court to have your wages confiscated to make the payments. If you ever need to renegotiate your child support, Fatherly offers you a tip that may offer you some assistance.
Generally, many homeowners in northwest Arkansas are not going to experience serious acrimony with their neighbors. Sometimes, however, two neighbors may come into heated conflict with each other. One of the property owners may even decide to inconvenience or annoy his fellow Arkansan by setting up a structure known as a “spite fence.”
If you’re creating an estate plan in Arkansas, you may be concerned about conflicts arising after you’re gone. Unfortunately, many families struggle with the final decisions of the deceased when it comes to assets and properties, and this can lead to a contested estate plan and the formation of lifelong rifts between your loved ones. While you can’t always prevent conflicts from occurring, Kiplinger offers the following advice so you might decrease the risk.
Child support payment agreements are an important and vital piece to raising children. When one parent refuses to follow the agreement and does not make payments, it will be up to the other parent to put strategies in place for enforcement.