Jurist Law Podcast

Trust Administration in Arkansas: What Trustees Need to Know After a Loved One Passes

Episode Summary:In this episode, Kimbro Stephens and Shane Cox from Jurist Law Group discuss the practical steps and legal duties that come with becoming a trustee of a trust when a family member passes away. They emphasize the importance of seeking guidance from an estate planning attorney to navigate trust administration successfully.
Key Timestamps:00:00 – Introduction01:30 – Finding the trust agreement and consulting with an estate planning attorney04:15 – Explanation of a trustee's responsibilities under Arkansas law06:45 – Gathering essential documents like death certificates and account statements08:20 – Time-sensitive deadlines in Arkansas for trustees10:10 – Differentiating between a trustee and an executor of a will12:05 – Balancing compassion with legal obligations as a trustee14:40 – Common mistakes trustees make and the role of an attorney in preventing them17:30 – Words of reassurance and practical advice for nervous trustees
About the Show:*Jurist Law Podcast* provides valuable insights and guidance on legal matters related to trust administration, estate planning, asset protection, and more. Join Kimbro Stephens and Shane Cox as they share their expertise to help families navigate complex legal processes with confidence.

Special Needs Planning: Protecting Benefits and Securing the Future

Episode Summary:
Kimbro Stephens and Shane Cox dive deep into special needs planning, exploring how families can protect benefits and secure the future for loved ones with disabilities. They discuss different types of special needs trusts, government benefits, and crucial considerations for long-term care planning.
 
Key Timestamps:
00:00 - Introduction
00:28 - Understanding Special Needs Planning
02:48 - Explaining SSI vs SSDI
04:12 - Importance of Planning with Government Benefits
06:15 - Types of Special Needs Trusts
09:41 - Allowable Trust Expenses
11:48 - Planning for Future Caregivers
14:02 - Considerations for Different Levels of Special Needs
16:18 - How to Start the Planning Process
 
About the Show:
The Juris Law Podcast features Kimbro Stephens (Managing Attorney) and Shane Cox (Chief Legal Counsel) from Juris Law Group, sharing their expertise in healthcare and elder law to help families navigate complex legal matters.

The Great Debate: Trusts or Wills for Your Arkansas Estate Plan?

Episode Summary:
In this insightful episode of the Juris Law Podcast, attorneys Kimbro Stephens and Shane Cox dive deep into the great debate of Trusts vs. Wills for Arkansas estate planning. They explore the key differences, benefits, and common misconceptions surrounding these essential legal tools, offering valuable guidance for anyone considering their estate planning options.
 
Key Timestamps:
00:00 - Introduction
00:45 - Primary purposes of trusts and wills
01:33 - Why everyone needs a will
02:42 - Types of trusts: revocable vs. irrevocable
05:46 - Determining if you need a trust
07:35 - Complex estates and blended families
09:09 - Trust administration vs. will administration
10:22 - Trust benefits for minors and special needs
11:38 - Tax considerations for trusts and wills
15:24 - How often to review estate plans
 
About The Show:
The Juris Law Podcast features Kimbro Stephens (Managing Attorney) and Shane Cox (Chief Legal Counsel) at Jurist Law Group. With extensive experience in healthcare and elder law, they help families navigate long-term care, asset protection, and estate planning complexities.

Elder Law: Having the Conversation With Your Parents

Episode Summary:
Kimbro Stephens and Shane Cox from Jurist Law Group dive deep into navigating difficult conversations with aging parents about long-term care planning. They share invaluable insights on approaching sensitive topics like estate protection, Medicaid planning, and maintaining dignity in elder care decisions.
 
⏱️ Key Timestamps:
00:00 - Introduction
00:48 - Effective ways to initiate long-term care conversations
04:04 - The importance of early planning
05:26 - Common fears and concerns of elderly parents
07:10 - How to reassure parents about estate planning
09:47 - Addressing financial concerns and Medicaid planning
12:48 - Steps for creating long-term care plans
16:11 - Handling resistance from parents
 
About The Show:
The Juris Law Podcast features Kimbro Stephens (Managing Attorney) and Shane Cox (Chief Legal Counsel) from Jurist Law Group. With extensive experience in healthcare and elder law, they provide expert guidance on long-term care planning, asset protection, and estate planning.

Navigating Adult Guardianship in Arkansas

Episode Summary:
Kimbro Stephens and Shane Cox from Jurist Law Group dive deep into adult guardianship in Arkansas, covering essential aspects from legal proceedings to practical responsibilities. This comprehensive discussion explores the complexities of guardianship, Medicaid considerations, and alternatives for families facing these challenging decisions.
 
Key Timestamps:
00:00 - Introduction
00:45 - Understanding Adult Guardianship in Arkansas
01:48 - Primary Reasons for Seeking Guardianship
02:50 - Steps to Establish Adult Guardianship
05:26 - Guardian Responsibilities: Person vs Estate
07:33 - Medicaid Benefits and Guardianship
10:20 - Guardian Decision-Making Factors
13:03 - Court Oversight of Guardianship
14:35 - Power of Attorney vs Guardianship
17:22 - Alternatives to Guardianship
 
About The Show:
The Juris Law Podcast features Kimbro Stephens (Managing Attorney) and Shane Cox (Chief Legal Counsel) from Jurist Law Group. With extensive experience in healthcare and elder law, they provide valuable insights to help families navigate long-term care, asset protection, and estate planning.

Estate Planning Essentials in Arkansas - A Guide to Your Future

In this episode of the Jurist Law Podcast, hosts Kimbro Stephens and Shane Cox, alongside Matt Skye, discuss the importance of estate planning in Arkansas. They emphasize that regardless of the size of your estate, it is crucial to protect your assets during your lifetime and for your heirs. The conversation highlights common misconceptions about planning and the potential pitfalls families face when proper estate planning is neglected. Kimbro shares insights on how effective estate planning serves as a foundation for asset protection, particularly in the context of elder law, ensuring individuals do not outlive their financial resources. Tune in to learn how to safeguard your legacy and prepare for the future.
 
Timestamps:
[00:01:57] Estate planning for everyone.
[00:04:50] Importance of Estate Planning.
[00:09:06] Trust vs. Will in Estate Planning.
[00:10:56] Legal documentation vs. intentions.
[00:14:06] Trusted advisor in estate planning.
 
About the Show
The Jurist Law Podcast features legal experts Kimbro Stephens and Shane Cox from the Jurist Law Group. Focusing on estate planning, elder law, and asset protection, the podcast aims to provide clear, actionable insights into topics that impact families and individuals navigating later-in-life care, Medicaid, probate, and estate planning. Hosted by Matt Sky, each episode dives into legal issues affecting Arkansans, offering practical advice to listeners seeking to protect their assets and plan for the future.

Arkansas Probate Unraveled: Dispelling Myths and Confusion

In this episode of the Jurist Law Podcast, hosts Kimbro Stephens and Shane Cox, along with Matt Skye, delve into the common misconceptions surrounding probate. They clarify that probate is a public circuit court process that occurs upon an individual's passing, regardless of whether a will exists. The hosts emphasize that having a will does not prevent probate; instead, it outlines the deceased's intentions regarding asset distribution. Listeners will gain valuable insights into the role of wills in probate proceedings and the importance of understanding how assets are managed after death. Tune in to learn more about navigating the complexities of probate and estate planning.
Timestamps:
[00:02:03] Probate as an IRS audit.
[00:04:24] Avoiding probate through estate planning.
[00:10:36-00:10:46] Disagreements among heirs.
[00:12:55] Importance of hiring an attorney.
[00:14:32] Probate avoidance strategies.
About the Show
The Jurist Law Podcast features legal experts Kimbro Stephens and Shane Cox from the Jurist Law Group. Focusing on estate planning, elder law, and asset protection, the podcast aims to provide clear, actionable insights into topics that impact families and individuals navigating later-in-life care, Medicaid, probate, and estate planning. Hosted by Matt Sky, each episode dives into legal issues affecting Arkansans, offering practical advice to listeners seeking to protect their assets and plan for the future.

Demystifying Medicaid: Arkansas Estate Planning Attorney Breaks Down the Basics

In this episode of the Juris Law Podcast, hosts Kimbro Stephens and Shane Cox share their journeys into the field of elder law. Kimbro reflects on his experience caring for his mother during her battle with liver cancer, which inspired him to focus on elder law after realizing the complexities involved in securing care and protecting assets. Shane, who joined Kimbro in Little Rock in 2006, discusses his initial interest in law and how it evolved into a passion for helping the elderly. Together, they emphasize the importance of navigating long-term care and estate planning, drawing from their experiences to offer insights into providing better support for families dealing with these issues. Tune in to learn more about their rewarding careers and the critical work they do at Juris Law Group.
 
Timestamps:
[00:01:55] Understanding Medicaid complexities.
[00:04:03] Medicaid application procedural denial.
[00:06:37] Medicaid application misconceptions.
[00:10:49] Elder planning and Medicaid advice.
[00:15:25] Importance of having an attorney.
[00:16:36] Medicaid rules in nursing homes.
 
About the Show
The Jurist Law Podcast features legal experts Kimbro Stephens and Shane Cox from the Jurist Law Group. Focusing on estate planning, elder law, and asset protection, the podcast aims to provide clear, actionable insights into topics that impact families and individuals navigating later-in-life care, Medicaid, probate, and estate planning. Hosted by Matt Sky, each episode dives into legal issues affecting Arkansans, offering practical advice to listeners seeking to protect their assets and plan for the future.