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Arkansas does not have a state inheritance or estate tax. However, like any state, Arkansas has its own rules and laws surrounding inheritance, including what happens if the decedent dies without ...
Each has five divisions: criminal, civil, probate, domestic relations, and juvenile. Each circuit covers at least one of Arkansas's 75 counties. [1] All judges in Arkansas are elected in non-partisan elections. Circuit judges serve six-year terms and must be attorneys licensed to practice law in Arkansas for six years before they assume office. [2]
While a probate loan lender might check an applicant’s credit score or income, the primary concern is the inheritance itself. Lenders need to be able to verify that the applicant will receive an ...
In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.
Living trusts can act as probate-repellent, but some assets need to be kept out. If you want to help your kids bypass probate when you die, here are 5 assets to avoid putting in a living trust ...
Any citizen of Arkansas and the United States who is 18 years of age or older and lives in the county may run for the county positions except county judge, who must be 25 years old and an Arkansas resident for at least the prior two years. Candidates must be qualified electors in the county, and not have been convicted of an "infamous crime".
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A family member will need to submit proof of debt to the servicer. Private student loans are treated like personal loans and are not discharged. Personal loans are typically paid off by the estate.