Magnolia is a city in Columbia County, Arkansas, United States, that was founded in 1853. At the time of its incorporation in 1858, the city had a population of about 1,950. The city grew slowly as an agricultural and regional cotton market until the discovery of oil just east of the city in March, 1938, with the Barnett #1 drilled by the Kerr-Lynn Company. The Magnolia Oil Field was an important discovery, not just for the city but for the nation, as it was the largest producing field (in volume) during the early years of World War II, helping to fuel the American war effort. According to 2006 Census Bureau estimates, the population of the city is 10,478. The city is the county seat of Columbia County. It is also home to the World's Largest Charcoal Grill and the World Championship Steak Cookoff, part of the Magnolia Blossom Festival.

Estate Planning And Probate Law Lawyers In Magnolia Arkansas

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What is estate planning and probate law?

Estate planning is the process of anticipating and arranging for the disposal of an estate. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses. Estate planning attorneys advise clients on their options for disposition of real and personal property after death, and create any number of necessary documents pertaining to the estate and finances of the client -- including wills and trusts. Estate planning law attorneys also assist clients in setting out their end-of-life health care wishes through living wills and health care powers of attorney.

Answers to estate planning and probate law issues in Arkansas

The law dealing with estates governs the passing of the property of people who have passed away as well as people...

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

When a person dies, someone must step in to wind up the deceased persons affairs. Bills must be paid, property must...

An executor is the person you name in your will to handle your property after death. The executor--called a personal...

A trust is an arrangement under which one person, called the trustee, holds legal title to property on behalf of...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Every adult should have a will. A will makes sure that your property goes where you want it to go, and makes the...