There’s An Easier Way To Resolve Your Estate Planning And Probate Legal Challenges

It is always emotionally difficult when a loved one is suddenly gravely ill or dies. Handling their affairs can be challenging, especially if they did not have an estate plan. Grieving families can be quick to argue over who is in charge and who gets what asset. Regardless of family disputes, determining if your loved one’s estate must go through Arkansas probate is essential to ensure their final affairs are handled appropriately, otherwise your family could end up in court or worse, facing high fees for unpaid debts or tax penalties. Generally, if the total value of your loved one’s probate estate is less than $100,000, then your family can avoid probate and file small estate forms to finalize your loved one’s affairs.

But estate administration is seldom straightforward. What if your family member has a will or established a trust? What exactly is their probate estate? Who is going to get the family farm? What about the family business? What do we do now? If your loved one has a will and you are the personal representative, or they established a trust and you are the successor trustee, you have certain responsibilities and duties to fulfill. Many questions will arise, and our attorneys will help you organize your strategy for locating your loved one’s will or trust, inventorying their assets, notifying interested parties, and completing other vital estate or trust administration duties. Our attorneys will help you understand your duties and help you address family conflicts.