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An executor in Arkansas is an integral part of the probate process. Without an executor, the estate would be left in limbo, and no one would be able to take care of the deceased's affairs. And therefore, they must be willing to do their job with beneficiary interests...
Probate courts administer estates after someone's death. Judges in Arkansas probate courts work in civil courts to make the final decisions regarding the payment of debts and distributions of assets. Uncontested wills limit judge responsibilities If a person dies...
Trusts are a popular estate-planning tool for a reason: They offer a lot of flexibility and can be tailored to meet the needs of almost any family. But, with so many different types of trusts available, it can be difficult to know which one fits your specific...
The field of estate planning in Fayetteville, Arkansas can be enormously complicated. Many estates can be handled with a simple will. But in some instances, people want to avoid the probate process as much as possible by using specially designated financial accounts....
All Arkansas adults can benefit by planning for the future and protecting their beneficiaries. While you begin the process of estate planning, you might wonder if you should have a will or a trust and which option is better. Is a will or trust better? Wills and trusts...
"Personal injury is the legal phrase used to describe injuries a victim sustains because of someone else's negligence. According to Arkansas statutes, physical injuries can include property damages as well, such as a totaled vehicle. Psychological pain and suffering...
Some divorces are more amicable than others, but is not uncommon for couples to disagree with each other as they go through a divorce. If they were seeing eye-to-eye on everything, they would most likely not be going through a divorce at all. There are a lot of...
A living trust can be a useful part of an estate plan for Arkansas residents. However, it is important to understand its limitations and what assets it is not advantageous to include in such a trust. Advantages A living trust offers a number of advantages. Assets in...
Estate planning can be stressful for any Arkansas resident. There are a lot of unknowns that you have to plan for and big decisions you have to make. One of the biggest decisions you have to make when writing your will is who will serve as the executor. The executor...
A trust fund is a legal entity that holds assets for the benefit of specific organizations or people. Children are usually the beneficiaries of trusts because trusts safeguard assets in Arkansas. Many families create trusts to use assets for children's stewardship....