Posts Tagged ‘Probate Process’
Avoiding Probate: What you can do in the last days of your life
Probate refers to the court proceedings that occur after you die, when the assets you owned are transferred to the people who inherit them. If you have a last will and testament, the document will give instructions to the court on how your assets will be distributed. If you die without a will, the court…
Read MoreThings You Should Know about Probate Law in Arizona
Probate is a court procedure that determines how a deceased person’s (a decedent) estate will be administered. This process identifies and inventories the decedent’s assets and debts, pays the applicable taxes and debts, and then distributes the remainder to any beneficiaries named in a Will or to the surviving heirs. Probate takes place in Arizona’s…
Read MoreWhat Happens if I Die Without a Will in Arizona?
Procrastination is the enemy of any good estate plan and probate without a will is the reality for many in Arizona because of it. The law in Arizona makes provisions for a “default will” for those people who die without one. These laws are found at Arizona Revised Statutes Sections 14-2101, et seq., and are…
Read MoreWhy Does the Probate Process in the United States Take so Long?
The Probate Process: Probate is a legal process that takes place after someone dies if he or she passes away without an estate plan or with only a Last Will in place. It includes filing a Last Will, if one exists, and hoping that the Last Will was done properly. Several papers are filed with…
Read More10 Common Questions About the Probate Process in Arizona
Benjamin Franklin is credited with coining the phrase that the only things certain in the world are death and taxes. This saying has stood the test of time, because it’s true. Dissolving and legally distributing the assets of an estate to the beneficiaries is called the probate process. 1. What is Probate? The probate process…
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