What are the requirements for a small estate affidavit in Arizona?

Be aware that late least thirty days must have passed since the Decedent passed away and that the Arizona Decedent's personal property must be worth less than $75,000 at the time of death in order for his or her estate to be considered a small estate.

How do I transfer property after parent dies in Arizona?

To get title to the property after your death, the beneficiary must record a certified copy of the death certificate in the recorder's office. No probate is necessary. Use Nolo's Quicken WillMaker to make a beneficiary deed or transfer on death deed in any state that allows it.

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Arizona Affidavit for Collection of all Personal Property

Arizona Affidavit for Collection of all Personal Property

Name: Arizona Affidavit for Collection of all Personal Property
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.78 (401 reviews)

Category:

Arizona Local County - Maricopa - Superior Court - Probate

State:

Arizona

Control #:

AZ-MC-PB-04

Format:

Instant download

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Description

Affidavit for Collection of all Personal Property An Arizona Affidavit for Collection of all Personal Property is a document that can be used when someone is attempting to collect personal property from another person who lives in the state of Arizona. This document is typically used when someone is trying to repossess personal property, such as a vehicle, from an individual who has defaulted on payments. It is also commonly used when someone is trying to collect a debt that is owed to them. There are two types of Arizona Affidavit for Collection of all Personal Property: the Affidavit of Repossession and the Affidavit of Debt Collection. The Affidavit of Repossession is used when someone is trying to take back their personal property, such as a vehicle, from another person who has defaulted on payments. The affidavit must include the name of to repossess or, the name of the debtor, the description of the property being repossessed, and the reasons for the repossession. The Affidavit of Debt Collection is used when someone is trying to collect a debt that is owed to them. This affidavit must include the name of the creditor, the name of the debtor, the amount of the debt, and the reasons for the debt collection. Both types of Arizona Affidavit for Collection of all Personal Property must be notarized and signed by the individual who is attempting to collect the property or debt.

An Arizona Affidavit for Collection of all Personal Property is a document that can be used when someone is attempting to collect personal property from another person who lives in the state of Arizona. This document is typically used when someone is trying to repossess personal property, such as a vehicle, from an individual who has defaulted on payments. It is also commonly used when someone is trying to collect a debt that is owed to them. There are two types of Arizona Affidavit for Collection of all Personal Property: the Affidavit of Repossession and the Affidavit of Debt Collection. The Affidavit of Repossession is used when someone is trying to take back their personal property, such as a vehicle, from another person who has defaulted on payments. The affidavit must include the name of to repossess or, the name of the debtor, the description of the property being repossessed, and the reasons for the repossession. The Affidavit of Debt Collection is used when someone is trying to collect a debt that is owed to them. This affidavit must include the name of the creditor, the name of the debtor, the amount of the debt, and the reasons for the debt collection. Both types of Arizona Affidavit for Collection of all Personal Property must be notarized and signed by the individual who is attempting to collect the property or debt.

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FAQ

Arizona statutes offer an alternative to avoiding probate by using an Affidavit of Succession to Real Property in cases in which the real property value does not exceed a certain value. The estate value must be less than $100,000 minus all the liens and any other encumbrances when the decedent passed away.

Real estate or a debt secured by a lien on real property may be transferred to the successor or successors by affidavit if certain requirements are met. This affidavit must be filed in the county where the decedent was domiciled or, if not domiciled in this state, in the county where the property is located.

Be aware that late least thirty days must have passed since the Decedent passed away and that the Arizona Decedent's personal property must be worth less than $75,000 at the time of death in order for his or her estate to be considered a small estate.

At any time after the death of a decedent, any employer owing wages, salary or other compensation for personal services of the decedent shall pay to the surviving spouse of the decedent the amount owing, not in excess of $5,000, on being presented an affidavit made by or on behalf of the spouse stating that the affiant

Under current Arizona law, small estates are defined as those in which the deceased owned less than $100,000 in real estate equity or less than $75,000 worth of personal property. For estates over this size, probate is typically required, and those estates will not be eligible for the small estate affidavit process.

What are Small Estate Affidavits? Small Estate Affidavits are used in Arizona to transfer assets from a deceased person to the heirs when the total value of the assets is below the minimum value requiring a probate.

To get title to the property after your death, the beneficiary must record a certified copy of the death certificate in the recorder's office. No probate is necessary. Use Nolo's Quicken WillMaker to make a beneficiary deed or transfer on death deed in any state that allows it.

Located in this state, including any debt secured by a lien on real property, less liens and encumbrances against the real property as of the date of the death, does not exceed $100,000.00. copy of the death certificate attached to this affidavit.

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TO COLLECT PERSONAL PROPERTY, take the Affidavit for Collection of. Personal Property to the person who has the property or owes the debt.I make this affidavit for the purpose of collecting the following personal property: AFFIDAVIT FOR COLLECTION. A small estate affidavit allows the heirs of an estate to bypass the probate process and take immediate possession of the property. Disposition without Administration Petition – 3 pages, notarized (required) o Pursuant to FL Statute 735. This procedure is called a small estate affidavit, and you can use it to skip probate. Affidavit for Collection of Personal Property. Collection of personal property affidavit. O You are the Affiant (the person completing the Affidavit). PROPERTY OF THE DECEDENT - NDCC 30.1-23-01.

Arizona Affidavit for Collection of all Personal Property

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