A Seasoned Estate Planning Attorney Serving Pulaski County and the State of Arkansas
Though no one wants to think about death or disability, establishing an estate plan is one of the most important steps you can take to protect yourself and your loved ones. Proper estate planning puts you in charge of your future and spares your loved ones any unnecessary expense, delay and frustration associated with managing your affairs when you pass away or become disabled.
Attorney David E. Simmons helps individuals and families seeking to avoid spousal impoverishment when a spouse enters a nursing home, Medicaid eligibility, disability planning including use of durable powers of attorney, healthcare powers of attorney, living trusts and living wills. His number one goal is to assist you in preserving/transferring your assets with confidence and security.
Whether you need a simple will or a more extensive estate plan to protect your assets from the IRS and creditors, you need an attorney who will ask the right questions, protect your investments and make sure your property goes to your intended family members. With a Master of Laws degree in Taxation from the Southern Methodist University and over 26 years of experience, attorney David E. Simmons can offer you the legal guidance you need when putting together a comprehensive estate plan.
Planning for Death Taxes
The earlier you start implementing an estate plan, the better advantage you have. The IRS will want to review your estate at death to ensure you don’t owe a federal estate tax. The amount of taxes owed typically depends on the size of your estate and how your estate plan works. With proper planning and advice from a trusted legal team, you can take advantage of many effective strategies to reduce or eliminate “death taxes.”