Business Details
33 Years
experience
Your Trusted Estate Planning Partner in Arkansas
Founded in 1993, Estate Planners of Arkansas has established itself as a trusted provider of comprehensive estate planning services. Our practice focuses on empowering individuals and families to make informed decisions about asset distribution, probate avoidance, and business succession. With expertise in trusts, wills, estate taxes, and business planning, we have successfully prepared over 4,000 estate plans, ensuring clients preserve their legacies while navigating Arkansas-specific legal frameworks. Our team prioritizes personalized solutions that address both immediate needs and long-term security, helping clients protect their assets and loved ones through tailored legal strategies. 
Services
Trusts
Wills
Probate
Business Law
Estate Tax Planning
Prenuptial Agreements
Estate Administration
Business Succession Planning
Living Trusts
Minor's Trusts
Details
- Year established: 1993
Highlights and features
- We have prepared over 4,000 estate plans since 1993
- Specialize in Arkansas-specific estate and probate law
- Offer business succession strategies for long-term continuity
- Provide tailored trust solutions to avoid probate court
- Combine legal expertise with personalized client education
Services
Trusts
Our trust services help clients avoid probate court while ensuring controlled asset distribution. We specialize in revocable living trusts, irrevocable trusts, and specialized trusts for minors or charitable purposes. Each trust is tailored to meet specific family needs while maximizing tax efficiency and asset protection under Arkansas law.
Wills
We create legally sound wills that clearly define asset distribution and guardianship arrangements. Our attorneys ensure compliance with Arkansas requirements while helping clients understand how wills interact with other estate planning tools. Services include will execution guidance and updates for changing life circumstances.
Probate
Our probate services assist executors in administering estates through Arkansas court processes. We handle asset inventory, debt settlement, tax filings, and beneficiary distributions. The team also offers small estate alternatives for qualifying cases, streamlining the process for grieving families.
Business Law
We provide business entity formation (LLC/LLP), succession planning, and organizational strategies. Services include creating leadership transition plans, dispute resolution frameworks, and liability protection structures tailored to Arkansas business owners' long-term goals.
Estate Tax Planning
Our tax planning services focus on minimizing estate tax exposure through strategic trust placement, gift tax utilization, and marital deduction planning. We help clients navigate federal exemption thresholds and implement solutions to preserve wealth for future generations.
People
Tim Russell
Founder
Tim Russell established Estate Planners of Arkansas in 1993 with a focus on making estate planning accessible to Arkansas families. He specializes in creating practical solutions that balance legal requirements with clients' personal wishes.
Questions
What is the difference between a will and a trust?
A will requires probate court validation, while trusts allow direct asset transfer without court involvement. Trusts also offer more control over distribution timing and conditions.
Do I need an attorney for estate planning?
Yes. Arkansas legal requirements and tax implications make professional guidance essential to ensure documents are valid and effectively meet your intentions.
How much does estate planning cost in Arkansas?
Costs vary based on complexity. Simple wills start around $300, while comprehensive trust packages typically range from $1,500-$3,000 depending on specific needs.
Can I update my estate plan after creation?
Yes. We recommend reviewing plans every 3-5 years or after major life events. Most trusts allow amendments, while wills require complete re-execution.
What happens if I die without a will in Arkansas?
State intestacy laws will determine asset distribution, typically allocating one-third to spouse and remainder to children. This may not align with your personal wishes.
How does business succession planning work?
We create transferable leadership frameworks, identify key personnel transitions, and implement buy-sell agreements to ensure business continuity during ownership changes.
