In the state of Arizona, it is possible to avoid official probate proceedings following the death of a loved one, providing that their estate was properly planned or is classified as a “small estate”. The state offers highly simplified legal proceedings for estates with real property assets that do not exceed $100,000 or personal property not in excess of $75,000. It is recommended that your family seek legal counsel before attempting to close your loved one’s estate as any oversight in the process may lead to larger issues in the future.
At Gorman & Jones, PLC, our Phoenix small estates lawyers offer detailed advice on the process of closing small estates. We have the skills and experience needed to help you find closure to your legal issues as quickly as possible in an effort to help you and your family focus on remembering your lost loved one.
In cases involving small estates, Arizona law offers shortcuts around the probate process. In many cases, the heir or heirs to the estate need only sign a short legal document claiming that they are the rightful recipient of all or part of the estate.
Our lawyers will work closely with you to review every aspect of the estate to determine the necessary legal action. We have the knowledge needed to help you complete the necessary legal paperwork, or affidavit, to claim ownership of the property and assets of the estate without unnecessary court intervention.
In cases involving a surviving spouse or dependent children, a Summary Administration may be necessary to resolve the estate. A shortened formed of probate, Summary Administration is available in cases where the estate’s assets do not exceed $37,000. During a Summary Administration, probate is opened, a personal representative is appointed and assets and funds are inventoried. Upon completion of the inventory, the personal representative can pay all related costs, and distribute the remainder of the estate.
While a Summary Administration is a simplified form of probate, the process does require qualified legal guidance to insure that all issues are addressed and that the process is completed properly.
Contact us online or call 623-974-5585 to discuss your specific small estate concerns and learn how we can help you resolve your legal issues as quickly and painlessly as possible.
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