PROBATE BASICS IN ARIZONA
Probate is the official process the court uses to validate and distribute your will. Technically, every estate in Arizona is required to go through probate. The process begins when your estate’s executor files your will and death certificate with the court. Probate also gives your creditors the opportunity to claim payment for any debts you didn’t settle before passing away. Your heirs (or anyone who expected to be an heir) might dispute your will in probate court.
ARIZONA SMALL ESTATE AFFIDAVIT
With all that goes into probate in Arizona, you may be baffled about how much work it will take to transfer a relatively modest estate. Fortunately, Arizona allows small estates to use an affidavit to bypass the probate process. Estates are measured in respect to real property, or real estate, and personal property, which is just about everything else. To qualify for a small estate affidavit in Arizona, the estate must have less than $100,000 in real property and $75,000 in personal property. The executor must wait 30 days after the grantor’s death to file a personal property affidavit, and six months to file a real property affidavit. Contact our Tempe Estate Planning Office for assistance.
FREE CONSULTATION WITH ATTORNEY
Contact My AZ Lawyers to schedule a free consultation. Consult with an expert in the Arizona Estate Planning law. Our legal team will assist you in every step of your case and will provide you with Arizona’s best legal representation. Free Confidential Consultations. Call 480-833-8000.