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Making a Last Will and Testament in Arkansas
An Arkansas Last Will and Testament (a "Will") is a legal document that sets forth your wishes with regard to asset distribution after death, including who will inherit your money, your home, or your personal belongings.
The person making a Will is called the "testator," while the people or entities being appointed to handle the testator's estate after death are known as "executors." Suited for residents of Arkansas, this Last Will and Testament can be used in Pulaski County, Benton County, Washington County, and in all other regions across the state. Any Arkansas Will from Rocket Lawyer can be edited to address your specific situation. As a result of having this document, your executor(s) will have a point of reference for your preferences.
It is quick and easy to outline your preferences using a free Arkansas Last Will and Testament template from Rocket Lawyer:
This solution, in most cases, will be notably less expensive and less time-consuming than hiring and working with a traditional provider. If needed, you may fill out this Last Will and Testament on behalf of your spouse or another relative, and then have that person sign when ready. Please keep in mind that for a Will to be valid, the testator must be mentally competent when they sign. If the testator is already unable to make their own decisions, a conservatorship may be required. When managing such a scenario, it would be important for you to speak to an attorney.
Anyone who is over 18 years old should have a Last Will and Testament in place. Although it may be unpleasant to think about, your loved ones will want to know your preferences for guardianship (if applicable), your property, and your assets should you pass away. Here are a few typical circumstances where you might consider it useful to make or update your Will:
Whether this Arkansas Last Will and Testament has been drafted as part of a forward-looking plan or produced in response to a recent change in your life, notarization and witnesses often help to protect your document if someone questions its authenticity.
Writing a Will is typically simple to do, but you or your executor might still have legal questions. The answer will depend on whom you approach, but often some attorneys won't even agree to review your document if they did not draft it. A better approach would be via the Rocket Lawyer On Call® attorney network. With a Premium membership, you will be able to ask for a document review from an experienced attorney or pose additional legal questions about your Will. We are here for you.
The fees associated with finding and hiring a traditional legal provider to draft a Last Will and Testament could range anywhere from two hundred to one thousand dollars, depending on where you are located. Rocket Lawyer can offer much more protection than other Last Will and Testament template providers that you might come across elsewhere. As a Rocket Lawyer member, you can get up to 40% in savings when hiring an attorney from our On Call network.
After completing your customized Last Will with the help of Rocket Lawyer, you will be able to get to it in your account on any device. With a Premium membership, you will be able to make edits, download it as a Word or PDF file, print it out, and/or sign it. Your Arkansas Will comes with its own checklist of instructions on what comes next after the document is completed. Even if you make copies, take care to store your original signed document in a secure location where it can't get wet or otherwise damaged. It is critical that someone you trust knows where to find it after you pass away.
The rules will vary by state; however, in Arkansas, your Will needs to be signed by two witnesses. As a basic rule, your witnesses should be at least 18 years old and mentally competent. If one of the two witnesses is also a beneficiary of the Will, then that person must forfeit any portion of their inheritance/gift that exceeds the value of what they would have received if there was no Will in place. This issue would be resolved by seeking a third, disinterested witness to sign the Will. Furthermore, it is highly encouraged that you have your Will acknowledged by a notary public to emphasize the authenticity of the document.
Arkansas Last Will and Testament Laws: Ark. Code § 28-25-103
A Last Will and Testament does not need to be filed with the court until the testator passes away. Filing the Will (along with any other forms needed by the county) allows for the probate process to begin.