©2010 Raymon B. Harvey, P. A.    Arkansas Elder Law™  Arkansas Elder Law & Special Needs Trusts™ Wills 501-221-3416 650 S. Shackleford Rd. Suite 400 Little Rock, Arkansas 72211 Tel:   501-221-3416 Fax:  501-221-2689 info@ArkansasElderLaw.com LEARN MORE INFORMATION YOU CAN USE Wills Three important things to remember about wills: 1. A will is a “naming document.” A will can name who will receive assets when the owner dies. A will can name an executor (or personal representative)-the person who will handle assets subject to the will, the debts. And, a will can name a guardian (for minor children). 2. A will impacts assets included in the “probate estate.” It has no impact on an asset for which a “probate-avoider” such as a beneficiary designation is in effect. 3. A will does not result in avoiding probate. In fact, wills are a central document in many probate proceedings. A person who dies without a valid will is “intestate.” The intestate person has failed to name who will receive assets in his or her probate estate.