Family Settlement Agreement Trust
What are the disadvantages of a family agreement? The policy of this State is to promote the peaceful settlement of disputes, paying particular attention to disputes relating to the parent-child relationship, including the mediation of issues relating to the retention, detention and assistance of children and the early resolution of ongoing disputes through voluntary conciliation procedures. Today, we turn to Arkansas, a state that, unlike Maine, has codified the common law presumption that “[a] provision wasted on the terms of the trust is considered an essential purpose of the trust.” Ark. Code Ann. § 28-73-411 (c). But that is not our priority today.