AR HB1920

Creates the "Arkansas Slayer Law" under Title 18, Chapter 4 to prevent individuals who unlawfully kill another person from inheriting or receiving benefits from the victim's estate.

Defines "slayer" to include individuals convicted of or pleading guilty to unlawful killing, those found by preponderance of evidence in civil court to have unlawfully killed the decedent, those acquitted by reason of insanity or mental incapacity, and juveniles adjudicated delinquent for acts that would constitute unlawful killing.

Deems a slayer to have died immediately before the decedent, barring them from acquiring property, property rights, or benefits from the estate through testate or intestate succession, common law, or statutory right, including rights as a surviving spouse.

Requires insurance and annuity proceeds payable to a slayer to be paid to the decedent's estate instead, and directs proceeds from policies on the slayer's life to the decedent's estate.

Allows persons acquiring property from a slayer before adjudication to retain it if purchased for adequate consideration without notice, but requires the slayer to hold any consideration received in trust for entitled persons and remain liable for transferred or dissipated funds and property value differences.