Pima Arizona Petition by Claimant for Allowance of Claim against Estate of a Protected Person

Category:
State:
Arizona
County:
Pima
Control #:
AZ-PB-5
Format:
Word; 
Rich Text
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Description

This model form, a Petition by Claimant for Allowance of Claim against Estate of a Protected Person - 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: Understanding the Lima Arizona Petition by Claimant for Allowance of Claim against Estate of a Protected Person Keywords: Lima Arizona petition, claimant, allowance of claim, estate, protected person, legal process, probate court, filing requirements, types Introduction: The Lima Arizona Petition by Claimant for Allowance of Claim against Estate of a Protected Person is an essential legal process that allows a claimant to seek monetary compensation from the estate of a protected person. This detailed description aims to provide a comprehensive understanding of this petition and its various types. 1. What is the Lima Arizona Petition by Claimant for Allowance of Claim against Estate of a Protected Person? The Lima Arizona Petition by Claimant for Allowance of Claim against Estate of a Protected Person is a legal document filed in the probate court. It enables a claimant, who believes they are owed money by the deceased, to request compensation from the assets of the protected person's estate. 2. Filing Requirements: To initiate the petition, claimants must meet certain filing requirements, including: a. Legal Standing: The claimant must demonstrate a legal basis for the claim, such as a written contract, promissory note, or other evidence substantiating the claim against the protected person's estate. b. Timeliness: The petition must be filed within the specified timeframe set by state law or as determined by the court. c. Supporting Documentation: Claimants should gather all necessary documents supporting their claim, such as invoices, bills, contracts, or any other relevant evidence proving the validity of the claim. d. Forms: Claimants should complete specific forms provided by the probate court accurately and in compliance with legal guidelines. 3. Types of Lima Arizona Petition by Claimant for Allowance of Claim against Estate of a Protected Person: There might be different types of claims that can be filed against an estate of a protected person. Some examples include: a. Creditor's Claim: This type of claim arises when the protected person owes money to a creditor or an organization. The filing party could be an individual or a business entity. b. Vendor's Claim: If the protected person had engaged in business transactions as a vendor but failed to pay for their purchases, vendors can file claims to seek reimbursement. c. Service's Claim: This claim type applies to parties who provided services to the protected person but were not compensated adequately or at all. Examples could include medical service providers or care providers. d. Personal Loan Claim: In instances where the protected person borrowed money from an individual and failed to repay the debt, the lender might file a personal loan claim against the estate. Conclusion: The Lima Arizona Petition by Claimant for Allowance of Claim against Estate of a Protected Person is an important legal mechanism for claimants seeking compensation from the assets of a protected person's estate. Understanding the filing requirements and the different types of claims that can be filed enhances the petitioner's chances of receiving the compensation they are owed while navigating the probate court system efficiently.

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How to fill out Pima Arizona Petition By Claimant For Allowance Of Claim Against Estate Of A Protected Person?

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FAQ

Is Probate Required in Arizona? Probate is required in Arizona unless the decedent has a trust or listed beneficiaries for all assets. There is one exception to this rule, which is for estates with personal property valued at less than $75,000 and real property under $100,000.

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.

Informal probate requires that the deceased had a valid will at the time of death that has not been challenged and died less than 2 years before probate is opened. In an informal probate process, a personal representative is appointed by the court to administer the estate with minimal court supervision.

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.

Is Probate Required in Arizona? Probate is required in Arizona unless the decedent has a trust or listed beneficiaries for all assets. There is one exception to this rule, which is for estates with personal property valued at less than $75,000 and real property under $100,000.

A typical flat fee for an informal probate would be between $1000 and $1500. If a probate is contested, or if you need a formal probate, the fees may well be substantially higher.

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.

Informal probates typically last between 6-8 months, depending on how quickly the Personal Representative completes their required duties. Formal and Supervised probates can last a year, or longer, depending on the complexity of the case.

Remember, credit does not die and continues after the death of the debtor, meaning that creditors have a right to claim from the deceased's estate. Remember, the executor is obliged to pay all the estate's debts before distributing anything to their heirs or legatees of the deceased.

The Arizona probate court issues a document to the personal representative called ?Letters Testamentary.? This is the official court document that the personal representative gives to anybody who asks for proof of the existence of a probate and that the person who claims to be the personal representative was actually

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Pima Arizona Petition by Claimant for Allowance of Claim against Estate of a Protected Person