When drafting a will, there are several common mistakes that you should be aware of to ensure you properly document your wishes and that your will is legally binding. Here are some pitfalls to avoid: 1. Being too vague or overly specific When writing your wishes and...
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3 key points every new parent should remember when writing a will
Becoming a parent is a joyous event that brings with it new responsibilities. One of these responsibilities is ensuring that your child is cared for, even after something happens to you. Writing a will is a vital part of this responsibility. So, here are three...
Why should new parents make a will?
The thought of leaving your minor child vulnerable should you unexpectedly pass away must be compelling reason enough for you, or any other new parent, to make a will. A will is a legally binding document functioning as a safety net, allowing you to decide your...
Can you disinherit your child from your Arkansas will?
Others contend that the last act of parenthood is leaving something for your child after you die, as explicitly stated in your Arkansas will. But, as in all family affairs, pressing needs and relationship dynamics are ever-changing. What if you’ve decided to cut off...
Why writing a clear will is important
Writing a will can make you feel like a responsible adult for preparing ahead. But a will is indeed a huge responsibility. Ensuring that its terms are precise and clear will save your family from a great deal of stress later. Below are some reasons why writing a...
What wills are valid in Arkansas?
A will plays an essential role in your estate distribution and will make handling your properties easier for your surviving loved ones. However, states across the country have different considerations on what type of will is valid and what is not. So, you have to...
5 repercussions of dying without a will
A loved one's death can leave behind unimaginable grief and distress. However, other problems can arise if a person dies without a will. When this happens, estate distribution depends on the intestate laws of where the deceased lived. Dividing assets this way can have...
Why you need a will
One of the first things people in Arkansas think about when it comes to estate planning is a will. Many don’t understand what’s covered by a will and why it’s so important. This is how it works and why you need one. Understanding your last will and testament A will,...
Know the basics of creating a will
Are you getting ready to create your will in Arkansas? This is a process that shouldn't be fraught with complexity and contention. The key to success in this area is knowing what you are creating. You need to be fully aware of all of your options before you sign. This...
Understand the regulations for proving a will in Arkansas
Settling the affairs of a deceased individual must be completed in an organized fashion in Arkansas. Utilizing the probate process is the best way to handle this task if there are unclear terms, the deceased's estate is extensive or the beneficiaries are minors...