Articles Related to Tag: Probate

First Steps to Take for Probate and Prohibited Conduct 

In Arkansas, in terrorem clauses, also known as “no-contest clauses,” are provisions in Wills and Trusts that generally seek to prevent a beneficiary or any other party from contesting the validity of the Will or the Trust by disinheriting the beneficiary or party if they contest the Will or the Trust.

The general purpose of establishing a guardianship is the basic premise that an allegedly incapacitated person is unable to handle certain aspects of their lives necessitating the appointment of another person to handle those things for the incapacitated person.

There are many different ways to ensure that your estate is administered and your assets are transferred to your heirs or beneficiaries without the need for probate or court intervention. Every person’s situation is different and what works for one person may not work for another.

This is a simplified explanation of the sequence of events of a standard probate. This process can vary greatly depending upon many factors and your circumstances may be different, but generally, this is the process you can expect.