Probate & Estate Administration

Estate Planning, Probate & Estate Administration

Estate Planning and Property Deeds

One of the most important aspects of good estate planning is making sure that we have the information we need about your assets. Some estate planners in Arkansas are content simply to create a trust and leave it up to you to put your assets into it. (Otherwise known as “funding” your trust.) Estate Planning 101: You Must Fund Your

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Civil Law, Probate & Estate Administration

Uniform Partition of Heirs Property Act. Explained.

Our subject today is the Uniform Partition of Heirs Property Act. There, I said it. This blog exists for a few different reasons, but this is the biggest one: We want to explain how laws that you otherwise would not know or care about can make your life better. Laws are—after all—yours. You should be able to use them. We

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Estate Planning, Probate & Estate Administration

How to Avoid Probate (and Family Fights) Over a Bank Account

A big part of our job is helping people avoid the Arkansas probate process. One of the ways we help people avoid probate is changing information about personal bank accounts. If you die and you’re the only person on your bank account, your heirs will not be passing go or collecting any money. Instead, they’ll go straight to probate. So,

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Estate Planning, Probate & Estate Administration

What is an Arkansas Probate?

The word “probate” comes from the Latin verb probare, which means “to try, test, prove, or examine.” (H/T to Wikipedia.) This is important for two reasons. First, it illustrates that probate, much like Latin, is outdated and should never be your go-to solution. Also, the definition is spot-on: Probate will both try you and test your patience. Most people (justifiably) fail

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Estate Planning, Probate & Estate Administration

Probate: Why not take care of it while you’re alive?

Q: Don’t want your family fighting after you are gone? A: Probate your estate plan while you are alive. This process is known as ante-mortem probate. The Arkansas Ante-Mortem Probate Act was passed in 1979. Ark. Code Ann. § 28-40-201 et seq. It provides testators (the people making the Will) the right to go to court during their lifetime and

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Business Law, Estate Planning, Probate & Estate Administration

Do you know how to sign your name?

When signing a document on behalf of someone else or an entity, make sure you sign in that capacity – As an Agent.  The list is not an exhaustive list of roles agents can hold , but these examples can help you sign in any agency capacity. How to sign as an Attorney-in-fact Your loved ones go through the steps

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Estate Planning, Probate & Estate Administration

IRAs and Trusts

I recently read a blog that stated “Naming a trust as a beneficiary of your IRA isn’t a good idea.” It went on and stated that it can get complicated and be done improperly. They did give some considerations to think about: Do you have any good reasons for leaving IRA money to a trust Make sure the trust beneficiaries

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Estate Planning, Interesting Legal-Lawyering Stories, Probate & Estate Administration

Matthew Crawley: Would his letter suffice as a Will in Arkansas?

Downton Abbey’s season premiere on Sunday night brought in more viewers than any other premiere in PBS’s history. For Downtown devotees, the episode was a little more somber than most. Perhaps this shouldn’t surprise anyone; after all, Matthew Crawley was one of the show’s most popular characters and his death was a shock to everyone. But Matthew’s premature death meant

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Estate Planning, Probate & Estate Administration

Wills vs. Trusts

Wills A will is an instrument that determines the disposition of a decedent’s property after death. A person who executes a will is a testator. Valid wills override the intestacy statutes. A will is ambulatory, or revocable, up to the death of the testator, at which point it becomes irrevocable. A will can be revoked, in whole or in part,

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