Get a Secure Inheritance Loan, usually within 72 Hrs if you’re an Heir or Beneficiary of an Estate in Arizona, in Probate or Trust
If you are currently dealing with, or about to deal with, the Arizona state court system with respect to a probate or estate issue – the following information should be helpful to you.
Probate law governs estate matters when someone who, such as a family member or other loved one, passes away. These laws insure that creditors are paid properly and that assets are distributed correctly to the “heirs,” or the descendant(s) of the estate.
What is the purpose of Probate? Probate is the legal process that deals with estate assets and property, with regard to heirs and creditors. Probate begins with a “petition” to open the estate and name a personal representative who is responsible for the administration of the deceased’s property.
The next step is when an official Notice of Creditors is printed in a local newspaper and Notice of Administration is sent to other involved parties. Creditors then have a set amount of time to file their claims from the first date of publication. Then the personal representative can pay the debt and distribute the remaining estate. Finally, a petition for discharge is filed, and the estate is closed.
Arizona Probate Law
Arizona probate law requires a specific way notices are to be issued to creditors. Payment of creditors claims is critical in Arizona probate process. The handling of claims and of their payment is an essential aspect to the probate process as a whole. Procedures often include the writing of formal documents that must be written in directly in accordance with probate law in Arizona , or the probate process will be delayed. Your probate attorney will guide you in these matters.
Because the State of Arizona is not very flexible, you lawyer will need to get all of your documents filed on time, conforming with Arizona state probate law.
In the state of Arizona, it is possible to incorporate an outside document into a Will. If you think that you’re going to have to do this, the document that you want to incorporate needs to be specific enough for its identification, and needs to communicate the testator’s intent to have the document integrated into the Will.
The personal representative of your estate in probate is responsible for sending notices to creditors. This must be accomplished at the time of appointment, as stipulated in the Arizona probate code. Your estate’s personal representative must publish the notice once per week for 3 weeks in a row in a local paper in the county that the probate is located in. The notice must announce the date of appointment and the address of the estate’s personal representative.
You will also need to mention that any creditors of the estate will have to submit their creditor claims within 120 days of the publication of the 1st newspaper notice. You also mention that claims received any time after these 120 days are barred. The personal representative is accountable for the payment of claims to those people issuing a claim (or “claimants”).
Arizona probate law will be well understood by your probate attorney. Your personal representative must insure that the attorney handles all of your matters in a proper and timely fashion.
Probate in Arizona
Arizona does not have a separate probate court. The Superior Court has jurisdiction over estate, mental health, and juvenile matters.