Informal vs. Formal Probate In Arizona
Probate is the legal process through which a person’s estate is administered after their death. The estate is typically composed of the decedent’s assets and liabilities, which are used to settle any outstanding debts and taxes. The probate process can be either formal or informal, depending on the state in which it is taking place. […]
What To Know About Taxes and Probate
Taxes are enough of a headache, as is when you’ve got a simple return. But when you’ve got a business or investments or are the executor of a probate case, taxes quickly increase in complexity. No wonder so many people seek professional help from lawyers and accountants when dealing with probate, which can sometimes take […]
Probate & Common Law Marriage in Arizona
When someone dies, their estate enters into the process of “probate.” If there’s a will, this can sometimes be resolved quickly; an executor will make sure that debts and assets are taken care of. But if there isn’t a will, the assets of the estate will be distributed based on the laws of inheritance. And […]
What to Expect From a Probate Court Hearing
When someone passes away and has left assets behind, probate may be required to take care of any loose ends required before the deceased’s assets are distributed. This process can occur whether a person had a last will and testament or not, so it is important when putting your will together to consider that this […]