Do you have only a tract of land in Arkansas? If you live in another state and have a vacation home, rental property, timber land, or mineral interest in Arkansas, you may leave your family with a burden if you utilize a will to transfer title at your death.
Merely filing a will in the County real estate records in Arkansas is not enough. The law will require your heirs to admit your will to probate. The average probate costs around $2000.
There is a very low cost alternative to probate. Act 1918 of 2005 allows beneficiary deeds. This makes your Arkansas land or Arkansas mineral interest transfer ownership just like a pay on death bank account. The best part is that it is very flexible and low cost. The beneficiary of your land at your death can be a trust, company, person, or a charity.
Contact Law Offices of Mark Robinette to learn more.
In what Arkansas Counties can you utilize a beneficiary deed? All 72, of course! This includes Arkansas County, Ashley County, Baxter County, Benton County, Boone County, Bradley County, Calhoun County, Carroll County, Chicot County, Clark County, Clay County, Cleburne County, Cleveland County, Columbia County, Conway County, Craighead County, Crawford County, Crittenden County, Cross County, Dallas County, Desha County, Drew County, Faulkner County, Franklin County, Fulton County, Garland County, Grant County, Greene County, Hempstead County, Hot Spring County, Howard County, Independence County, Izard County, Jackson County, Jefferson County, Johnson County, Lafayette County, Lawrence County, Lee County, Lincoln County, Little River County, Logan County, Lonoke County, Madison County, Marion County, Miller County, Mississippi County, Monroe County, Montgomery County, Nevada County, Newton County, Ouachita County, Perry County, Phillips County, Pike County, Poinsett County, Polk County, Pope County, Prairie County, Pulaski County, Randolph County, Saline County, Scott County, Searcy County, Sebastian County, Sevier County, Sharp County, St. Francis County, Stone County, Union County, Van Buren County, Washington County, White County, Woodruff County, Yell County