Blankenship Law Firm

Blankenship Law Firm Professional Legal Services Jill Blankenship: Attorney -----
Lee Ann Thomas: Paralegal/Financial -----
Beth Dunn: Receptionist/DHS Coordinator

04/30/2014

Although it may seem trivial but we believe its important in the wake of such loss around Arkansas, it could be worth quite a bit to have returned photos & memorabilia lost in the tornados. Upon losing lives and all accumulated in your life, anything which can be salvaged that holds a good memory has value. If you have items that you have found that you believe might be from the tornados but have no idea or way to find the owner... you can drop the items off at Blankenship Law Firm, 157 N. Broad St. Batesville, and we will do our best to find the owner and get it returned. If the items are not claimed we will find a community center or church and let them hold the items incase someone claims at a later date. Jill Blankenship, Lee Ann Ginn Thomas, Beth Clinton, Anne Traub Davidson, Leroy Blankenship

11/15/2013

A little Probate Information:

Probate is the legal process of getting assets out of the name of a deceased person if that asset is “stuck” in that person’s name at the time of death. Probate only affects those items that are not co-owned by another person (the item goes to the survivor in that situation such as a husband and wife situation where they owned everything jointly) and where there is not a beneficiary, typically seen in an insurance policy or a Pay On Death (POD) account. If there is a beneficiary designation or a person listed as POD, then the asset goes to that person. Probate typically effects real estate and bank accounts that are only in the deceased person’s name.

Probate involves court. We have to go to court to get the items legally out of the person’s name. Probate has to filed with the court with a listing of all the assets owned by the person, which is then public knowledge. We then have to give notice to all creditors so that they can petition the court to get paid. This process takes no less than six months so that everyone has time to get their paperwork in to the court. Also, during this time, the family is waiting on the money and many times if there are any underlying issues, they may flair up and cause a problem. We also have to get all property appraised and sold which is expensive and time consuming. There are other significant fees such as attorneys and court costs. Usually, the cost of getting an estate through probate will cost between 5% and 7% (in some places) of the total estate. So, just to get a $100,000 house through probate will cost between $5,000 and $7,000 generally.

09/26/2013

Anyone suggest an internet provider in Batesville??

07/09/2013

Good morning everyone.... Anyone out there have any suggestions for a GOOD computer tech person. Having issues with computers at the office and would like to talk to someone about looking at them, someone who knows what they are doing

05/14/2013

Good morning everyone, we are in need of someone who can mow and take care of office parking lot, grassy areas. Not a big place but needs mowed and Im sure a little weedeating. If you are interested please call the office 793-2499 and ask for Lee Ann

04/16/2013

Good morning from the ladies of Blankenship Law Firm. Call today to schedule your appointment with us (870) 793-2499

04/08/2013

Good morning from the ladies of Blankenship Law Firm, Jill, Lee Ann and Beth. Call today and schedule your appointment 870.793.2499

04/03/2013

Estates
• An estate is all the property you owned individually when you were alive. When you die, your estate has to go to new owners. In Arkansas, you can determine who those new owners will be by drafting a last will and testament, usually simply referred to as a will. Estates do not typically include property you own jointly, such as the money in a joint checking account..
Wills
• Arkansas citizens must be at least 18 years old to make a will, according to Arkansas Code Section 28-25-101. The person making the will, called the testator or the testatrix, must sign the document or have someone sign on her behalf if she is physically unable. She must also have the will witnessed by two competent witnesses. The witnesses must also be at least 18 years of age and must sign at the request of and in the presence of the testator.
Modification and Revocation
• When you create a last will and testament, you give away your right to change your mind or create any contractual relationship between yourself and your inheritors. As long as you remain of sound mind, you can change any and all terms of your will. However, later modifications must also comply with the state's will requirements, or the change will not be valid. However, you can revoke your will by either creating a new will that makes the old one moot or by physically burning, tearing or otherwise destroying the document.
Intestacy
• If you die in Arkansas without leaving behind a valid last will and testament, your estate still gets distributed to inheritors but not necessarily in the way you would have wanted. The state's intestacy laws determine who gets property from an intestate estate, an estate in which the decedent did not leave a valid last will. For example, Arkansas Code Section 28-9-214 states that if a decedent leaves behind no children, the decedent's spouse receives the entire share. However, if the couple was married for less than three years, the spouse receives only 50 percent of the estate, with the other half getting divided among surviving relatives.

03/29/2013

Jill, Lee Ann and Beth are working hard today on this glorious day so call if you would like to have an appointment next week 870.793.2499. Hope everyone has a fabulous Easter Weekend and celebrates the very reason for Easter.

03/21/2013

Good morning even when it's snowing, sleeting, raining, tornados or sunshine, Jill, Beth and myself are here at the office.... give us a call to schedule your appointment today 870-793-2499

Address

157 N Broad Street
Batesville, AR
72503

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+18707932499

Website

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