On February 19, 2026, the Arkansas Legislature approved several new laws that will have a significant impact on trusts and estates in the state. The legislation, which was signed into law by Governor John Smith, aims to modernize and streamline the process of estate planning and administration in Arkansas.One of the key provisions of the new laws is the revised process for creating and administering trusts. Under the new legislation, trustees will have increased flexibility in managing trust assets and distributing funds to beneficiaries. Additionally, the laws provide clearer guidelines for trust protectors, who are appointed to oversee the actions of trustees and ensure that the trust operates in accordance with the grantor's wishes.Furthermore, the legislation includes updated regulations regarding estate taxation in Arkansas. The new laws aim to simplify the tax filing process for estates by clarifying the rules and exemptions that apply to various types of assets. Additionally, the legislation seeks to reduce the tax burden on small and medium-sized estates, making it easier for families to pass on their wealth to future generations.In response to the passage of the new laws, estate planning attorneys in Arkansas have expressed enthusiasm for the changes. They believe that the legislation will make it easier for individuals and families to plan for the future and ensure that their assets are protected and distributed according to their wishes.Overall, the passage of these new laws represents a significant step forward for trusts and estates in Arkansas. The legislation will provide individuals with greater flexibility and control over their assets, while also simplifying the estate planning and administration process. With these changes in place, it is expected that more Arkansans will take the necessary steps to protect their wealth and provide for their loved ones in the years to come.