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AR HB1940
Bill
Status
Failed
10/15/2021
Primary Sponsor
Jimmie Gazaway
Click for details
AI Summary
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Amends Arkansas Code § 18-12-608(d)(4) to allow beneficiary deeds to be revoked, altered, or amended by will provisions if the owner is the sole owner of the real property.
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Prohibits revocation, alteration, or amendment of beneficiary deeds by will if there is more than one owner of the real property.
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Adds new section 28-26-106 establishing that a testator's real property conveyed by beneficiary deed may be revoked, altered, or amended by will if the testator executed the will after conveying the property and is the sole owner.
Legislative Description
To Provide For The Revocation Of A Beneficiary Deed By Will Under Certain Circumstances.
Last Action
Died in House Committee at Sine Die Adjournment
10/15/2021
Committee Referrals
Judiciary4/15/2021
Full Bill Text
No bill text available