Arizona Small Estate Affidavit | What is Considered a Small Estate in Arizona?

Arizona Small Estate Affidavit | What is Considered a Small Estate in Arizona? 

The Arizona Small Estate Affidavit is an alternative to the full probate process that many people don’t know about. This process can help your family avoid probate in Arizona To be able to pass assets to your family or heirs if your estate qualifies after you pass away without a will or with a will

There will also be a link below to the superior court in Maricopa County to the small estate affidavit form that you can review for all information and requirements needed in the state of Arizona. https://superiorcourt.maricopa.gov/me… 

So what qualifies as a small estate in Arizona? Estates that are worth less than $75000 in personal property and Less than $100000 in real property. If that’s the case then the estate of the person who passed away can bypass probate and not have to go through the Arizona Probate Court process. 

Requirements before you can file the small estate affidavit for personal property for things like bank accounts, motor vehicles, jewelry, collectibles, life insurance etc.. Is the person must be deceased for at least 30 days or longer and all the personal property of the estate must to be worth less than $75000 No one has been appointed a personal representative or someone pending to be a personal representative of the estate. The person claiming the assets are actually entitled to them as well as Funeral expenses, taxes, medical bills of last illness of the decedent must be paid. 

Before you can use the Small estate Affidavit for real property we’re talking real estate the person must be deceased for at least 6 months or longer and the real property value must be worth less than $100000. No one has been appointed a personal representative or someone pending to be a personal representative of the estate. The person claiming the real property assets are actually entitled to them and All of the decedent’s debts have been paid, including funeral expenses, unsecured debts, taxes and any expenses related to the decedent’s last illness. 

If you utilize the Arizona Small Estate Affidavit to file with the court just now it will need to be notarized and you should have certified copies of the death certificate and the will to attach with the filing if there was a will. 

Personally I would advise….if you find yourself needing to use the Arizona Small Estate Affidavit don’t try and do it yourself.. Take the stress off of yourself and hire a professional estate planning or probate attorney that handles probate in Arizona to take this process off your plate. 

The best way to protect yourself and your family to is to have a proper estate plan set up to avoid probate in Arizona. 

If you have questions about Real Property related to Probate I have answers contact me I’m Marvin with ProbateinArizona.com

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