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A small estate affidavit is a form one can complete to speed settlement of a small estate through probate. It eliminates the need for a spouse or family members to go through a formal probate process supervised by the courts in the distribution of a loved one's property to creditors and heirs.
Probate is required by Arizona law unless all of a decedent's assets are placed in trust or the decedent has listed beneficiaries for all their assets. However, Arizona has a more straightforward, streamlined probate process for smaller estates.
Once signed and notarized, the affidavits must be filed with the probate court in the county where the property is physically located. A certified copy of the death certificate and a copy of the will, if any, must be attached to each affidavit, along with title documents for real estate and other large assets.
12. Who May Initiate a Formal Arizona Probate? Any interested person may file a petition with the Superior Court to initiate an Arizona formal probate. A petition for a formal probate may be filed even if an informal probate was previously opened.
People then fill out a form without reading the statute and or understanding Texas intestacy law. They pay a $232 filing fee and expect approval.
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A small estate affidavit is a form one can complete to speed settlement of a small estate through probate. It eliminates the need for a spouse or family members to go through a formal probate process supervised by the courts in the distribution of a loved one's property to creditors and heirs.
In Arizona, probate is required when an estate is worth more than $75,000. If the estate is worth less than that amount, the beneficiaries can file a Small Estate Affidavit to claim their inheritance without going through probate.
Introduction. In the state of Arizona, probate is only required if the decedent has any assets that did not transfer automatically upon their death. These assets tend to be titled individually in the decedent's name and will require a probate court to transfer the title of ownership to the intended beneficiary.
Affidavit. A written statement of fact, signed and sworn to in front of a notary or a person who has the right to administer an oath .
Many people mistakenly believe that their family will avoid probate if they have a Last Will and Testament....Four Ways to Avoid Probate in Arizona Establish a Trust. ... Title Property with Rights of Survivorship. ... Make Accounts Payable on Death or Transfer of Death. ... Provisions for Small Estates.

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