Tucson Arizona Petition by Interested Person for Final Acct. and Distribution of Estate

State:
Arizona
City:
Tucson
Control #:
AZ-PB-49
Format:
Word; 
Rich Text
Instant download

Description

This model form, a Petition by Interested Person for Final Acct. and; Distribution of Estate - Arizona, is intended for use to initiate a request to the court to take the stated action. The form can be easily completed by filling in the blanks and/or adapted to fit your specific facts and circumstances. Available in for download now, in standard format(s).

Title: Tucson Arizona Petition by Interested Person for Final Account and Distribution of Estate Description: A "Tucson Arizona Petition by Interested Person for Final Account and Distribution of Estate" is a legal document filed in Tucson, Arizona, by an interested person involved in an estate administration process. This petition is aimed at seeking the court's approval for the final account and distribution of assets held within an estate. Keywords: Tucson Arizona, Petition, Interested Person, Final Account, Distribution of Estate, Estate Administration, Court Approval Types of Tucson Arizona Petition by Interested Person for Final Account and Distribution of Estate include: 1. Tucson Arizona Petition by Beneficiary for Final Account and Distribution of Estate: When a person is named as a beneficiary in a decedent's will or designated as a recipient of assets from an estate, they can file this petition to request the court's approval for the final account and distribution. The beneficiary may also need to provide supporting documents to validate their entitlement. 2. Tucson Arizona Petition by Executor/Personal Representative for Final Account and Distribution of Estate: If a person is appointed as an executor (also known as a personal representative) of an estate, they can file this petition to seek the court's approval for the final account and distribution of estate assets. The executor should provide a detailed account of all financial transactions, debts paid, and assets distributed during the administration of the estate. 3. Tucson Arizona Petition by Heir for Final Account and Distribution of Estate: In cases where there is no valid will, or if the will did not name any beneficiaries, heirs may file this petition to request the court's approval for the final account and distribution of the estate's assets. The petitioner must establish their status as an heir and may need to provide relevant documentation, such as birth certificates or family tree records. 4. Tucson Arizona Petition by Legatee for Final Account and Distribution of Estate: When a person is entitled to receive specific bequests or legacies outlined in a will, they can file this petition to seek the court's approval for the final account and distribution of the specific assets assigned to them. The legatee should provide documentation that establishes their rights to the specific bequest. 5. Tucson Arizona Petition by Creditor for Final Account and Distribution of Estate: In situations where a creditor has a claim against the estate, they can file this petition to request the court's approval for the final account and distribution of estate assets. The creditor must provide evidence of the debt owed and demonstrate that it is a valid and legitimate claim against the estate. Please note that this is a general description of the different types of Tucson Arizona Petition by Interested Persons for Final Account and Distribution of Estate. It is always advised to consult an attorney or legal professional for specific guidance and assistance in preparing and filing the appropriate petition.

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FAQ

If seeking personal property, it is not necessary to file the small estate affidavit with the court. Instead, give the completed, signed, notarized form to the person or entity holding the asset to be transferred.

A small estate affidavit is a legal document that can be used to transfer property to heirs without a formal probate. Not all estates qualify for small estate administration. Heirs can use a small estate affidavit in only limited circumstances.

According to Arizona law (ARS14-3108), the executor of an estate has two years from the date of death to file probate. This timeframe can be extended under certain circumstances, such as if the deceased left behind minor children.

When is a probate action required in Arizona? Under Arizona law, the general rule is that if the deceased person owned more than $100,000 of equity in real estate, or more than $75,000 of personal property (including physical possessions and money), then a probate action is required to transfer the assets to the heirs.

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.

For those claims, under ARS §14-3803(C)(2), the creditor must present a claim within four months after it arises or ?two years after the decedent's death plus the time remaining in the period commenced by an actual or published notice pursuant to § 14-3801, subsection A or B,? whichever is later.

Claims against a decedent's estate must be filed in probate court the earlier of (1) four (4) months from the date of the first publication (or posting, as the case may be) of the Notice to Creditors if the creditor received an actual copy of this notice to creditors at least sixty (60) days before the date that is

Cost Of The Small Estate Affidavit Procedure The clerks filing fee for this procedure is usually about $350. That is generally the only court expense.

The basic steps in probate vary from case to case, but essentially boil down to these steps: Will Validation. Appointment of Personal Representative. Gathering Decedent's Assets. Settling Liabilities. Distributing Assets. Closing the Estate.

How Long Do You Have to Make a Claim? Once a Grant of Probate or letters of administration have been issued, there is a deadline of six months during which you can lodge a claim against a deceased person's estate.

Interesting Questions

More info

Sale of estate assets. Payment of estate taxes, if applicable.Milliman arrived in Willcox, Arizona, in the summer of 1956. Divorce is a court process to legally end a marriage. John Ivancovich died in Tucson, Arizona in 1944. A medallion signature guarantee must be completed in person because it confirms your identity, signature and legal authority to transfer securities. Affirmative Requirements That Require Charging Party Request . Probate is the legal proceeding where a court steps in and begins the process of distributing assets after the death of the estate owner.

Upon the death of your spouse, certain assets are automatically transferred out. In a probate of your marriage, you as co-owner of the marital estate is responsible for ensuring that those assets are properly distributed to the surviving spouse. A personal representative needs to prepare a Will and execute it on their behalf. Personal representatives are also responsible for obtaining and making any other necessary documents in a timely manner. There are two ways to prepare a will that will guarantee your share of your spouse's estate and satisfy state standards of probate. You can use either the following will template and the will of one of your parents or one of your spouse's grandparents. This will maybe an accurate model of your will as long as it includes the information required by your state's standards. Do not use the will template unless you understand how to use it. If you have your own will you have the right to make its contents your own.

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Tucson Arizona Petition by Interested Person for Final Acct. and Distribution of Estate