ABOUT KEVIN A. WATTS

Kevin graduated from the University of Arkansas at Little Rock with a Bachelors Degree in Criminal Justice and an Associates Degree in Law Enforcement. He went on to graduate with a Juris Doctor Degree from UALR Bowen School of Law. He is licensed with Arkansas State Courts as well as the United States Bankruptcy Courts. Kevin is a member of the Wynne Rotary Club and the Cross County Chamber of Commerce.

AREAS OF PRACTICE

Estate Planning

Estate planning involves drafting wills, setting up trusts, appointing power of attorney and more so that an individual’s affairs will be in order after their death. Estate planning is necessary for anyone to have a say in what happens to their estate after their death.

Bankruptcy

Bankruptcy law assists individuals and businesses in figuring out their financial situation after intense losses. This can include helping them set up a payment plan for their debts or getting the debts erased.

Family Law

The family law focuses on family issues such as adoption, divorce, and custody. Family law is a broad practice area and can also include issues such as emancipation, paternity, and other non-divorce related topics.

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FAQ

Bankruptcy is a legal process that allows individuals unable to pay their bills to “start fresh” by discharging or wiping clean their debt or by getting on a three to five year repayment plan. After filing for bankruptcy, creditors are not allowed to contact you to collect money until your debts are sorted out.

If your current, liquid assets are valued lower than the amount of debt you owe, bankruptcy may be the best choice for you.

The cost of bankruptcy varies depending on which chapter you file under, financial circumstances and your case complexity. You are also responsible for your attorney’s fees which also vary.

Any qualified person, partnership, corporation, or business to file for bankruptcy. If the debtor files for bankruptcy, it is a voluntary bankruptcy. If the creditors file bankruptcy against the debtor it is an involuntary bankruptcy and must be contested within a set period of time.

Estate planning is deciding what happens to your assets when you pass away. An estate plan lays out who will receive your home, investments, life insurance, employee benefits, and any other property in your possession when you die.

Without an estate plan, distributing assets is a complex and undesirable process. In addition, the courts will control the distribution of your estate which can lead to the wrong people receiving your assets or your beneficiaries having to pay higher estate taxes than if you had planned out the distribution of your estate.

Your estate is all of your assets which can include:

  • Physical properties that you own
  • Your business
  • Your bank accounts
  • Your retirement accounts
  • Your life insurance policies.

Family law involves anything that has to do with the family and can include:

  • Divorce
  • Custody
  • Visitation
  • Paternity
  • Guardianship
  • Adoption

Sole custody usually means full physical and legal custody which means the child stays with one parent and one parent makes all important decisions. Joint custody is when both parents have a say in the child’s upbringing, schooling, religion, and more. Physical custody is having the child physically under your care while legal custody means that you have the right to input and decision making.

The interest of the child is the number one consideration when the court makes custody decisions. The parent who can provide the most the most stable environment for the child is one of the major factors used to determine this. Another major factor is if a parent will allow the other parent to see and communicate with the child.

An Attorney ad Litem is a third-party, unbiased attorney who represents the child in custody cases. They will go around to speak with everyone involved in the child’s life and make a recommendation to the court on what they feel is in the child’s best interest.

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