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The aftermath of someone's death can be overwhelming and confusing. If the deceased drafted a will or established legal arrangements before passing on, the surviving family members can rely on these details when managing the estate. If not, the law takes effect,...
When a valid will exists, there’s a clearer way for your executor to pay off debts and distribute the remainder to loved ones and other heirs. However, if you don’t leave clear instructions or fail to meet Arizona requirements, heirs, creditors and others may...
The personal representative of an Arizona estate carries out someone's last wishes. They distribute assets to someone's beneficiaries in accordance with an estate plan or to their heirs in compliance with state law. They also have to fulfill someone's outstanding...
When someone passes away, their assets change hands. The estate plan designates specific beneficiaries who should receive these assets. Often, assets are just being passed down to the next generation – the estate owner’s children. These adult children are often happy...
The duration of the probate process is not something you can tell at a glance. The timeline can vary significantly depending on various factors, and you may be looking at several months or even years. For beneficiaries or executors, understanding the aspects...
The death of a loved one is often a complex and emotional time for an Arizona family. In addition to the grief that a family could experience, there is also the necessity of dealing with his or her estate, including finding the will and distributing assets according...
The will serves as the foundation of your estate plan. It is a necessary document that can allow you to dictate what happens to your life and your family when you are gone, regardless of the size of your estate. You decide who will inherit your estate and how much of...
As executor, you have the honor of overseeing and settling someone's estate. Among your obligations will be to file the will and identify and compile a list of assets to distribute to heirs and pay creditors. However, some testators and executors may not realize that...
After the death of a loved one, family members and others are left with the responsibility of closing the affairs of the deceased and finalizing other matters associated with the estate. A major aspect of closing many Arizona estates is probate, which is the legal...
