The process of handling a deceased person's assets is often complicated. A situation that may add to the complexity is when a beneficiary refuses to accept the assets they are due to inherit. What happens to assets in Arkansas if a beneficiary chooses to reject them?...
If you have decided to establish a trust for your family, you could place many kinds of property into the trust. However, it is possible you might overlook one or more of your assets and fail to assign them to your trust before your death. Fortunately, writing a...
The passing of a loved one often brings emotional turmoil and complexity. During such a challenging time, discovering issues with the loved one's estate plan can make matters even more difficult. However, under certain circumstances, it may be necessary to contest the...
Serving as an executor of an estate comes with considerable responsibility. In Arkansas, this individual, appointed by the deceased before their passing or designated by the court if no appointment exists, has the duty of managing and distributing the deceased's...
Trust administration is a critical process that ensures the smooth management and distribution of assets held in a trust. Understanding the intricacies of trust administration is essential for trustees and beneficiaries alike. Here are some frequently asked questions...
An estate plan is an important document that protects your loved one's wishes and properly distributes their assets. However, you may suspect that someone exerted undue influence upon them during the creation of the plan. Explore the steps you should take when you...
Estate planning involves making important decisions, including who will inherit your assets after your death. Choosing the right beneficiaries for your estate is a crucial step in ensuring the fulfillment of your wishes and providing for your loved ones. Consider your...
In Arkansas, the probate process plays a crucial role in settling a deceased person's estate, including the payment of outstanding debts. Many people wonder how this process works and what it entails. It is important to understand the steps involved in paying debts...
A will is a legal document outlining the distribution of a person's assets and property after their death. In some cases, family members or other interested parties may have reasons to challenge the validity of a will. Here are some common reasons to consider...
Estate plans and wills are crucial, and more people should have them. However, if you have a relative in a vulnerable mental position, you also need to worry about undue influence. What exactly is this? What sort of problems can undue influence create? What is undue...