News

As the end of the year approaches, so are the last days to take actions that will impact your tax returns for 2017. Below we have republished a news release from the Internal Revenue Service that gives taxpayers reminders of things you should be doing now to get ready for tax season.

Appointment Makes Seventh for Firm’s Trust & Estate Practice Group Friday, Eldredge & Clark is proud to announce attorney Allison Cornwell has been named a Fellow of the American College of Trust and Estate Counsel (ACTEC). This appointment demonstrates her high level of experience in estate and trust law and the degree to which her peers view her work in the profession.

Chambers and Partners has recognized Friday, Eldredge & Clark and three of the firm’s attorneys in its 2017 edition of Chambers High Net Worth. The firm is the only Band 1 firm, which is the highest ranking in Chambers, and out of seven ranked attorneys in private wealth law, three are from the firm.

Attorney Katie Watson's article on the Revised Uniform Fiduciary Access to Digital Assets Act was featured in this week's (August 14-18) Arkansas Business. The article explains what happens to these assets in terms of estate planning and what actions you should take now to ensure your assets are in the right hands later.

You’ve executed your revocable trust – does that make you probate-proof? No. You still have to fund your trust. Funding your revocable trust (i.e., transferring your assets to your revocable trust) is the only way to ensure that you are probate proof.

You do not want the business you have worked so hard to build to implode because of your death. That is why succession planning is so important. For business owners, succession planning may be as important as tax planning.

The Trust & Estate Planning Attorneys at Friday, Eldredge & Clark have compiled a list of the most common myths in their industry so clients can address these matters in a timely manner.