PDF
Word
Last Will and Testament Template - Arkansas
An Arkansas Last Will and Testament details how a person's possessions and property should be distributed after their death. The document has three main purposes:
- Selecting the beneficiaries to take possession of the individual's property after their death.
- Electing guardians for childcare.
- Setting up a living trust to take care of any animals left behind.
The person making the will is known as the Testator. The Testator must be at of age and of sound mind in order to create their will. The document must be done in writing to be recognized by the court.
The Arkansas Last Will is defined by § 28-1-102(20) and regulated by Title 28 - Wills, Estates, and Fiduciary Relationships . Two (2) witnesses must be present when the will-maker signs the document. Download a ready-made template below or create your own form with our form-building app.
What Is a Last Will and Testament in Arkansas?
The Last Will gives the Testator the opportunity to distribute their estate, property and digital assets between spouses, children, partners, friends, relatives, and organizations. The testator has the option to elect the estate's Executor. The Executor is the person - either a close friend or a professional accountant or consultant - who will be responsible for carrying out the provisions of the will.
There are several types of wills:
- Testamentary Will. A formally prepared document signed in the presence of witnesses.
- Holographic Will. A written unwitnessed will that rarely holds up in court.
- Oral Will. A spoken testament given before witnesses.
How to Write a Last Will and Testament in Arkansas?
A Last Will and Testament in Arkansas is usually made up of instructions regarding:
- Burial requests;
- Debts and expenses;
- Personal property;
- Cash, bank accounts, investments;
- Digital assets.
Not all assets the Testator owns can be distributed according to their will. The only property the Testator may bequeath is solely-owned property titled at their name at the time of death. Any property owned by the Testator's spouse or partner will also not be affected by the provisions of a will.
Download Last Will and Testament Template - Arkansas
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
