If you have inherited family land, you should learn about the Uniform Partition of Heirs Property Act. This law is designed to do two things:
- help families maintain ownership of their joint-owned land, but if sale is required
- ensure a court-ordered sale results in market rate return so that families do not lose wealth upon sale.
This legislation has already been passed in Georgia, Nevada, and Montana. We are working to ensure Arkansas joins that list in 2015 when the legislature next considers nonbudgetary issues.
Join us to protect the heritage of Arkansas families! We are reaching out to families and legislators in all 75 Arkansas counties. Please contact us at ARHeirPropertyAct@gmail.com for more information or to add your name or your organization’s name to the supporter list. Please spread the word!