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The estate executor must attach a copy and pay a $25 filing fee to file the affidavit in the probate court clerks office. If the decedent owned property, a death notice and affidavit must be published in a local, widely-distributed newspaper within 30 days of the filing.
The probate process at the minimum takes approximately six to nine months to complete. If there are unique assets that require special attention, the process may take longer. The process can also be delayed due to unexpected problems that may arise. However, the process should not take more than 18 months.
Arkansas has a simplified probate process for small estates. To use it, an executor files a written request with the local probate court asking to use the simplified procedure. The court may authorize the executor to distribute the assets without having to jump through the hoops of regular probate.
In Arkansas, the probate process is mandatory for any contested estate, if there are creditors (including a mortgage) and for any estate larger than $100,000. If a person provides written grounds for contest to the court, the will goes through the probate process.
This form is to allow the Executor(s)/Next of Kin to transfer shares from a person who has passed away into their name(s) and provides information in regards to how the shares can be sold.
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- When a Person Dies with less than $50,000. When the person who died (the Decedent) had less than $50,000 of personal property then its considered a small estate, and is called a Voluntary Administration. It does not matter if the Decedent had a Will or not.
Living Trusts In Arkansas, you can make a living trust to avoid probate for virtually any asset you ownreal estate, bank accounts, vehicles, and so on. You need to create a trust document (its similar to a will), naming someone to take over as trustee after your death (called a successor trustee).
How to File (4 steps) Step 1 Complete the Small Estate Affidavit. Step 2 File at the Local Court. Step 3 Publish in the Local Newspaper. Step 4 Submit the Deed of Distribution.
An Arkansas small estate affidavit is used to collect the personal property of a person who died in situations where the person had an estate valued at less than $100,000. It cannot be filed until 45 days have elapsed since the death of the decedent.
Code Ann. 28-41-101: You can qualify for the small estate probate process if the total value of the estate does not exceed $100,000 (not including encumbrances, homestead exemptions, and statutory allowances).

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