Estate Administration and Probate in Arkansas
From looking after your family to upholding your values, a LAST WILL and TESTAMENT is essential for putting your wishes into practice. But even the most carefully-crafted wills won’t do much good if you don’t have someone to execute them. Estate Planners of Arkansas P.A. offers the probate and estate administration services you need to uphold and enact your will without issue.
How Does Probate Work in Arkansas?
Probate is the process of determining that a will is valid and then putting its provisions into practice. In Arkansas, probate is only necessary for estates that are worth more than $100,000 and have no debt. For estates valued below that, you can go through a separate small estate process.
If your estate does qualify for probate, an executor must prove the validity and finality of the will. Once this is determined, the executor will make an inventory of all the estate’s assets, use those assets to pay off any outstanding debts, and distribute the remaining sum to the will’s beneficiaries. This process cuts down on fraud and ensures that the deceased’s desires are fully put into practice.
Do I Need An Estate Planner?
Yes- If you want to control what happens to your property after you pass, you must plan accordingly.
Probate & Estate Administration Services from Estate Planners of Arkansas P.A.
Estate Planners of Arkansas P.A. offers the full range of probate and estate administration services, including:
- Helping you properly document your will so no one can doubt its authenticity
- Collecting all your assets once your will goes into effect
- Making sure all taxes, debts, and other expenses are paid out of your will, and preparing any related documentation
- Distributing the benefits of your will to your beneficiaries, exactly as you intended
In addition to providing probate services for wills, Estate Planners of Arkansas P.A. offers alternative ways of organizing your assets so as to avoid the probate process. For more information on these and other options to protect your assets and your loved ones, contact us today.