Hi. I’m Gary the owner of DeWitt Law. Get your estate plan started now by going to DeWitt.law.
People have 2 choices. Plan or don’t plan. The choice is theirs. Doing nothing is a choice they can make. But, without creating their own plan, people leave their fate and the fate of their estate to the State.
When people don’t have a Will, they have decided they want to lose control of who gets their estate.
Without a Will, people are said to be “intestate” which is a legal term for not having a will. When a person is intestate, their estate is left to the whims of the State and a judge.
Without a Will, people give control to the State government to decide who their heirs are, how much they get, and when they get it. A Judge may decide who will finish raising the children.
Without a Will, a person doesn’t have a choice about who gets their stuff. The State has decided who gets what, when, how, and how much.
If people wanted to leave their children out, they can’t. If a person wants their spouse to get it all, they can’t guarantee it.
In Arkansas, the spouse is entitled to 1/3rd of the personal property and a 1/3rd ownership of the real estate if there are children.
State law decides who gets what, when, how, and how much, not the person.
People don’t get a choice in the person the court will name to oversee the distribution of the estate. A Judge will decide who oversee the probate process. Any interested party can ask the court to be in charge.
The first step to creating your own plan is to talk to a professional.
Take your first step. Get your plan started now by going to DeWitt.law.