LLC or S-Corp? Choosing a Business Structure in Arkansas
LLC and S-corp are not really competing choices. One is a legal entity and the other is a tax election. How Arkansas owners get it right.
Read the guideArkansas Legal Guide

Probate is the court-supervised process of settling a person's estate after death. A personal representative (called an executor or administrator) is appointed by the court, gathers the assets, pays valid debts and expenses, and distributes what remains to the heirs or to the beneficiaries named in the will.
Once a personal representative is appointed, a notice to creditors is published. Under Arkansas law (Ark. Code Ann. § 28-50-101), creditors generally have six months from the date of first publication to present their claims. Until that window closes, the estate usually cannot be finally distributed, because the personal representative has to know what the estate owes.
Often, yes, at least in part. Assets with a named beneficiary (life insurance, retirement accounts, payable-on-death bank accounts), property held in a funded trust, and real estate passed by a beneficiary deed generally transfer outside probate. Smaller estates may qualify for Arkansas's small estate affidavit process (Ark. Code Ann. § 28-41-101), which is available 45 days after death when the estate's value is under the statutory limit.
The best time to plan for this is before it is needed. Our guide to choosing between a will and a trust explains the options.
If you have been named executor or a loved one has passed, our probate practice guides families through every step, from locating assets to final distribution, for clients in Searcy and across central Arkansas.
This guide is general information about Arkansas law, not legal advice, and reading it does not create an attorney-client relationship. Laws change and every situation is different; please talk with an attorney about yours.
Common Questions
Generally six months from the date the notice to creditors is first published, under Ark. Code Ann. section 28-50-101.
No. Assets with named beneficiaries, property in a funded trust, and real estate passed by beneficiary deed usually avoid probate, and small estates may use a simplified affidavit process.
A personal representative appointed by the court, called an executor when named in a will and an administrator when there is no will.
Send a message and the firm will contact you as soon as it is received.
Keep Reading
LLC and S-corp are not really competing choices. One is a legal entity and the other is a tax election. How Arkansas owners get it right.
Read the guideA will is the foundation of most estate plans. A trust can do things a will cannot. How Arkansas families decide which they need.
Read the guideSchedule a confidential consultation with the firm today.
Contact Us 866-930-2441