Ark. Code R. 26-51-102 - 2 (1997) - Estate

The degree, quantity, nature and extent of interest which a person has in real estate and all other personal property of whatever kind. With respect to a decedent, the total property of whatever kind that is owned by a decedent prior to the distribution of that property in accordance with the terms of a will, or, when there is no will, by the laws of inheritance in the state of domicile of the decedent.