Why Do I Need a Last Will and Testament in Arkansas
Creating an Arkansas last will and testament is the best way to ensure that your assets are distributed in accordance with your wishes. Your Arkansas last will give you the power to decide how you would like your most precious assets to be distributed.
In Arkansas, if you own a business or hold other investments, your will can facilitate the smooth transition of those assets to the ones you love. A valid Arkansas last will and testament may also provide for friends, charitable and religious organizations, and academic institutions that would not otherwise inherit from you under Arkansas intestacy laws. The important concept is the choice is yours. If you don’t have a valid will, Arkansas’s probate court will apply local intestacy laws to determine who should receive your property. This can result in wasted time and money and costly court fights.
What can I do with a valid Arkansas last will?
· Provide for friends, family, charities and loved ones,
· Name a guardian for minor children under Arkansas’s law,
· Name an executor for your estate to ensure the terms of your will are followed,
· Appoint a trusted individual to oversee property left to minor children.
Perhaps most importantly, however, a valid Arkansas last will and testament under will ensure that your minor children are taken care of after your passing. If you have minor children your last will should name who you would like to serve as a guardian for your minor children. Additionally, your Arkansas last will can minimize tension amongst your surviving heirs and alleviates the possibility of your relatives battling over your possessions or lengthy court fights.
Most people put off making a will due to inconvenience, lack of knowledge or a fear of their own mortality. Creating your last will and testament is an important step in planning for your estate, and failing to do so may result in undesired consequences after your death.
Do I need an estate planning lawyer in Arkansas to make my last will?
Simple answer, no. Using SimplyWilled.com/Arkansas you can make your own Arkansas valid last will. Using our cloud-based system, our will software or online will program will guide in making your will online in about 10 minutes. If you think your will might be contested, or if you want to disinherit your spouse, you might want to consult with an Arkansas estate planning attorney first.
What are the requirements for signing a will in Arkansas?
In order to make your Arkansas will valid you need to do the following:
· You must sign your will in the presence of two witnesses who are over the age of 18, and
· Your witnesses must sign your will.
For more information on how to make your last, check out our blog.