Key Takeaways: Arizona probate typically takes eight months to a year on average, but complex assets or family friction can extend the timeline significantly. Mandatory statutory timelines, such as the four-month creditor claim period, dictate the baseline duration of the administration process. Delays occur due to property liquidations, unresolved IRS tax issues, or final accountings […]
What is probate? Probate is a court proceeding for settling a decedent’s estate. The process includes determining if there are creditors that need to be settled, marshaling assets, and ultimately distributing the net remaining assets to heirs. Do all estates have to go through probate? No. In Arizona there are statutes that allow assets to […]
“Buckets of Assets” – the Key to Understanding Probate The biggest mystery to families in settling a loved one’s affairs, or establishing their own estate plan, is probably understanding what legal document controls the disposition of assets. Most people believe that it is the Last Will and Testament that controls. In reality, the Last Will […]
M E M O R A N D U M The death of a loved one is a traumatic experience. Sometimes people experience anxiety. Among other things, they feel like they should be doing something to arrange for their loved ones’ final affairs, but they do not know what to do. For that reason, we […]
