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Informal probate is a simplified court process for managing and distributing a deceased person's estate. In Arizona, this method allows for a quicker resolution without the need for formal court hearings. Many individuals prefer informal probate due to its efficiency, especially when the estate is straightforward. It’s a practical option to consider for those looking at Arizona formal vs informal probate.
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.
Formal Arizona Probate goes through a court hearing while Informal Arizona Probate is administered by a registrar rather than a judge.
Formal probate is best when there are disagreements concerning the will or appointing a personal representative. This may be chosen when the estate is complex. Informal probate is less time-consuming and done at a lower cost. This is a good option if the assets are straightforward and there are no disagreements.
?Informal Probate? and ?Formal Probate? in Arizona just refers to how the probate process is started ? whether the paperwork is reviewed and approved or rejected by the probate registrar without advanced notice to interested persons (informal probate) or decided by a judge with advance notice and an opportunity to ...