Arizona Sample Letter for Notice of Estate Disbursement Plan - Waiver to Entry of Judgment
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How to fill out Sample Letter For Notice Of Estate Disbursement Plan - Waiver To Entry Of Judgment?
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FAQ
The following states have enacted in whole or in part the UPC: Idaho (1971) Alaska (1972) Arizona (1973)
To open probate proceedings, a family member or friend will need to file a petition with the county court. If the family members are in agreement, the court can appoint one of them to serve as the estate's executor or personal representative.
These might include: Court and filing fees. Attorney fees (if you use a probate lawyer) Executor compensation (averaging anywhere from around $25 - $50/hour; Arizona is a reasonable compensation state)
If you are survived by descendants but no spouse, your descendants will inherit all of your estate. If you die with no surviving spouse or descendants, your parents will inherit all of your estate. If you die with no surviving spouse, descendants or parents, your siblings will inherit all of your estate.
Once all the property has been distributed, the liquidator publishes a notice of closure confirming the estate has been settled.
Holding a last will does not suffice as a comprehensive measure to skip the probate process in Arizona. The execution of a will necessitates the requisite approval from a court of law. Thereby initiating the subsequent probate proceedings through which the decedent's assets shall duly pass.
However, there is a bright line limit in the amount of time when an estate should be closed and some form of Probate can proceed. In Arizona, a Probate case must be commenced within two years after a decedent's death. A.R.S. § 14-3108.
If the decedent has properly positioned all of their property as non-probate assets, probate will not be required. That said, even if all of your assets are positioned to bypass probate, it may still be wise to draft a will, so it's important to discuss your needs with a qualified estate planning attorney.
