Ark. Code Ann. § 28-73-106 (2026)
Common law of trusts — Principles of equity
The common law of trusts and principles of equity supplement this chapter, except to the extent modified by this chapter or another statute of this state.
History. Acts 2005, No. 1031, § 1.
Research References
Ark. L. Rev.
T.W. Brown, Recent Developments, A Beneficiary's Interest to Share in an Inter Vivos Trust Does Not Lapse When the Beneficiary Predeceases the Settlor, 66 Ark. L. Rev. 347 (2013).
U. Ark. Little Rock L. Rev.
Lynn Foster, Arkansas’s Trust Code and Trust Planning: A Ten-Year Perspective, 38 U. Ark. Little Rock L. Rev. 301 (2016).
Case Notes
In General.
Interest of a beneficiary to an inter vivos trust vests at the time the trust is created, and thus the beneficial interest does not lapse when the beneficiary predeceases the settlor. Tait v. Community First Trust Co., 2012 Ark. 455, 425 S.W.3d 684 (2012).