Arizona Debt

Probate is required in Arizona unless the decedent has a trust or listed beneficiaries for all assets.Real estate in Arizona may transfer to a beneficiary with a transfer on death deed.

In Arizona, you can make a living trust to avoid probate for virtually any asset you ownreal estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).

Probate is required in Arizona unless the decedent has a trust or listed beneficiaries for all assets.Any property held in joint tenancy will automatically transfer to the surviving owner without the need to go through probate.

Children - if there is no surviving married or civil partner If there is no surviving partner, the children of a person who has died without leaving a will inherit the whole estate. This applies however much the estate is worth. If there are two or more children, the estate will be divided equally between them.

In Arizona, probate gets started when the person who wants to be appointed as personal representative files the will (if any) and a petition with the probate court.

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

In California, estates valued over $150,000, and that don't qualify for any exemptions, must go to probate.If a person dies and owns real estate, regardless of value, either in his/her name alone or as a "tenant in common" with another, a probate proceeding is typically required to transfer the property.

Children - if there is no surviving married or civil partner If there is no surviving partner, the children of a person who has died without leaving a will inherit the whole estate. This applies however much the estate is worth. If there are two or more children, the estate will be divided equally between them.