Glendale Arizona Small Estate Affidavit for Estates Not More Than $75,000 with Personal Property Only

• Category: Arizona Probate - Small Estates
• State: Arizona
• City: Glendale
• Control #: AZ-ET10
• Format: Word; PDF; Rich Text

Description

Under Arizona statute, the surviving spouse or other person entitled to the proceeds of an estate with must file a petition in the office of the probate judge. If the judge finds that the statutory conditions have been met ( please see statute), including the requirement that the value of the personal estate be less than $75,000, the judge will issue an order that the personal assets of the estate be distributed. Please see form AZ-ET20 for an affidavit to transfer real property. The Glendale Arizona Small Estate Affidavit for Estates Not More Than $75,000 with Personal Property Only is a legal document that allows for the simplified and expedited transfer of assets when the value of an estate is below $75,000 and consists solely of personal property. This affidavit serves as an alternative probate procedure and helps simplify the distribution of assets to eligible heirs, saving time and money. Keywords: Glendale Arizona, Small Estate Affidavit, Estates Not More Than $75,000, Personal Property Only, legal document, transfer of assets, simplified, expedited, probate procedure, distribution of assets, eligible heirs. Different types of Glendale Arizona Small Estate Affidavit for Estates Not More Than $75,000 with Personal Property Only: 1. Individual Personal Property Only Affidavit: This affidavit is used when an individual dies with an estate value not exceeding $75,000, consisting solely of personal property such as bank accounts, jewelry, vehicles, or household items. It allows for a simplified transfer of these assets to eligible heirs without the need for a formal probate process. 2. Spousal Personal Property Only Affidavit: This specific type of small estate affidavit is utilized when the deceased person was married, and the estate value does not exceed $75,000, consisting solely of personal property. It enables the surviving spouse to swiftly and efficiently transfer the assets to themselves without going through a lengthy probate process. 3. Joint Owner Personal Property Only Affidavit: This affidavit is applicable when the deceased person held joint ownership of personal property (such as real estate or vehicles) with another person, and the total estate value remains below $75,000. It allows the surviving co-owner to assume sole ownership of the joint property without resorting to probate. 4. Successor Beneficiary Personal Property Only Affidavit: This type of small estate affidavit is utilized when an individual is named as a successor beneficiary in a trust or will, and the total estate value does not exceed $75,000, consisting solely of personal property. It facilitates the transfer of the assets to the identified successor beneficiary quickly and without the complications of probate. Remember to consult with legal professionals in Glendale, Arizona, to ensure the accurate completion and filing of the Small Estate Affidavit, tailored specifically to your unique circumstances and the type of assets involved.

The Glendale Arizona Small Estate Affidavit for Estates Not More Than $75,000 with Personal Property Only is a legal document that allows for the simplified and expedited transfer of assets when the value of an estate is below $75,000 and consists solely of personal property. This affidavit serves as an alternative probate procedure and helps simplify the distribution of assets to eligible heirs, saving time and money. Keywords: Glendale Arizona, Small Estate Affidavit, Estates Not More Than $75,000, Personal Property Only, legal document, transfer of assets, simplified, expedited, probate procedure, distribution of assets, eligible heirs. Different types of Glendale Arizona Small Estate Affidavit for Estates Not More Than $75,000 with Personal Property Only: 1. Individual Personal Property Only Affidavit: This affidavit is used when an individual dies with an estate value not exceeding $75,000, consisting solely of personal property such as bank accounts, jewelry, vehicles, or household items. It allows for a simplified transfer of these assets to eligible heirs without the need for a formal probate process. 2. Spousal Personal Property Only Affidavit: This specific type of small estate affidavit is utilized when the deceased person was married, and the estate value does not exceed $75,000, consisting solely of personal property. It enables the surviving spouse to swiftly and efficiently transfer the assets to themselves without going through a lengthy probate process. 3. Joint Owner Personal Property Only Affidavit: This affidavit is applicable when the deceased person held joint ownership of personal property (such as real estate or vehicles) with another person, and the total estate value remains below $75,000. It allows the surviving co-owner to assume sole ownership of the joint property without resorting to probate. 4. Successor Beneficiary Personal Property Only Affidavit: This type of small estate affidavit is utilized when an individual is named as a successor beneficiary in a trust or will, and the total estate value does not exceed $75,000, consisting solely of personal property. It facilitates the transfer of the assets to the identified successor beneficiary quickly and without the complications of probate. Remember to consult with legal professionals in Glendale, Arizona, to ensure the accurate completion and filing of the Small Estate Affidavit, tailored specifically to your unique circumstances and the type of assets involved.

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