©2010 Raymon B. Harvey, P. A. Arkansas Elder Law™ Arkansas Elder Law & Special Needs Trusts™
Probate
501-221-3416
650 S. Shackleford Rd.
Suite 400
Little Rock, Arkansas 72211
Tel: 501-221-3416
Fax: 501-221-2689
info@ArkansasElderLaw.com
LEARN MORE
INFORMATION YOU CAN USE
Probate
Probate is the common term for the Court process to
settle a deceased individual's estate.
The primary purpose is to resolve any debts of the
deceased and to properly pass the deceased's property to
the rightful heirs.
Generally, all property owned solely by the deceased is
required to pass through Probate. Property such as life
insurance with a designated beneficiary, bank accounts
that have paid-on-death designations, and some real
estate that is jointly owned, passes outside of the Probate
process.
Having a Will, does not avoid Probate.
There are two separate Probate processes in Arkansas.
Full Probate and Probate for a small estate. Full Probate
requires that an Administrator or Personal Representative
be appointed to keep the estate property safe and to
perform some administrative duties such as pay debts
from the estate's funds. Full Probate takes six months or
longer to complete. Probate for a small estate is allowed
when the total value of the estate is under $100,000.00.