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Arizona Transfer of Personal Property of a Decedent

Arizona Transfer of Personal Property of a Decedent

Name: Arizona Transfer of Personal Property of a Decedent
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.83 (255 reviews)

Category:

Arizona Probate - Property Transfers

State:

Arizona

Control #:

AZ-PB-3-COL

Format:

Instant download

Description

This form is an affidavit to collect a decedents personal property. This is an official form from the Arizona Court System, which complies with all applicable laws and statutes. USLF amends and updates forms as is required by Arizona statutes and law.

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FAQ

If the total value of all the assets you leave behind is less than a certain amount, the people who inherit your personal property -- that's anything except real estate -- may be able to skip probate entirely. The exact amount depends on state law, and varies hugely.

Probate is required in Arizona unless the decedent has a trust or listed beneficiaries for all assets.The family would need to submit an affidavit to the court showing the assets and a copy of the will. Once the court grants the transfer of property to the heirs, the process is completed.

Filing the affidavit is a two step process. First, the affidavit is filed in the probate court in the county where the property is located, along with a certified copy of the death certificate, and the original will if there is one. Second, a certified copy of the affidavit must be recorded in the same county.

If someone dies without a will, their estate assets will pass by intestate succession.In the unlikely event that there is no one qualified to claim the estate there is no spouse and there are no heirs, then the intestate estate will pass to the State of Arizona.

WHAT VALUE MUST AN ESTATE HAVE TO BE CONSIDERED A SMALL ESTATE? The heirs must also state that the value of the real property is not more than $100,000 as of the date of death.The value is not determined by the fair market value of the home or property.

A small estate affidavit is a sworn written statement that authorizes someone to claim a decedent's assets outside of the formal probate process.

In most states, however, there is the option to use a small estate affidavit when the assets of the estate are under a certain dollar amount, which varies by state. An attorney is not required to file a small estate affidavit, although it may be helpful to consult with one prior to filing the small estate affidavit.

If you die without a will in Arizona, your assets will go to your closest relatives under state intestate succession laws.

Arizona Transfer of Personal Property of a Decedent

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Can a small estate avoid probate?

Do you have to probate a will in Arizona?

How do I file a small estate affidavit in Arizona?

What happens if someone dies without a will in Arizona?

What is considered a small estate in Arizona?

What is the purpose of a small estate affidavit?

Do I need a lawyer to file a small estate affidavit with the court?

What happens if you die in Arizona without a will?

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