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A simple estate with just a few, easy-to-find assets may be all wrapped up in six to eight months. A more complicated affair may take three years or more to fully settle.

Maximum $100,000. Laws § 28-41-101. Step 1 Write in your name and the names of any others entitled to decedent's property. Step 2 In Section 1, write in the name, age, residence, location, and date of death of the decedent. Step 3 Attach an itemized description and valuation of the decedent's personal property.

In Arkansas, you can use the small estate procedure if the total value of all personal property does not exceed the amount to which the surviving spouse and children are entitled to by law or the value of the property is $100,000 or less, not counting the homestead and the statutory allowance for the benefit of a

This fiduciary serves under supervision of the court for period of at least 6 months. It takes about 1 to 4 weeks to get someone appointed, so as a practical matter, it will take around 7 months to probate an estate in Arkansas in a best case scenario.

Generally, an executor has 12 months from the date of death to distribute the estate. This is known as 'the executor's year'. However, for various reasons the executor may have been delayed and has not distributed the estate within this time frame.

Unfortunately, every estate is different, and that means timelines can vary. A simple estate with just a few, easy-to-find assets may be all wrapped up in six to eight months. A more complicated affair may take three years or more to fully settle.

Examples could include: If unknown/unspecified debtors arise, the executor can delay settlement for up to six months, whilst the debtor is settled.

How Long Do You Have to File Probate After Death in Arkansas? According to the Arkansas Code, a will must be submitted to the courts within five years of the person's death. The will cannot be used as proof for transfer of title until it has been probated.

Arkansas law holds that the executor fee should be reasonable, and not exceed certain percentages of the personal property the executor administers: 10% on the first $1,000. 5% on the next $4,000. 3% on the rest.

Arkansas Order Approving Settlement

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