SMALL ESTATE AFFIDAVIT 1 Arizona Form
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People also ask
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What are the requirements for a small estate affidavit in Arizona?
Transfer of Small Estate by Affidavit in the estate of the person who died (the "decedent"), wherever that property is located, less liens and encumbrances, does not exceed $75,000, and at least 30 days have passed since the death of the decedent, and/or.
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How do I file a small estate affidavit in Arizona?
For purposes of the affidavit, the county of filing is the county where the property is physically located. When the affidavit is filed, it must be accompanied by a certified copy of the death certificate, along with the original will (if there is one).
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What is an affidavit of succession to real property in Arizona?
Arizona statutes offer an alternative to avoiding probate by using an Affidavit of Succession to Real Property in cases in which the real property value does not exceed a certain value. The estate value must be less than $100,000 minus all the liens and any other encumbrances when the decedent passed away.
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What is exempt from probate in Arizona?
Probate procedures can be complex and time-consuming, but there are ways to avoid or bypass this process for certain assets in Arizona. Properties such as those held in a living trust are exempt from probate. Similarly, community property and jointly-held property with a right of survivorship do not require probate.
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How do I transfer property after my parent dies in Arizona?
How ownership is transferred. To get title to the property after your death, the beneficiary must record a certified copy of the death certificate in the recorder's office. No probate is necessary. Use Nolo's Quicken WillMaker to make a beneficiary deed or transfer on death deed in any state that allows it.
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How much does it cost to file a small estate affidavit in Arizona?
While the price of handling an estate will vary, you can expect to spend at least $1000 on an a small estate affidavit, plus any additional expenses.
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How do I transfer property after my parent dies in Arizona?
In the state of Arizona, estates with less than $75,000 in personal property and less than $100,000 in real property are eligible to transfer property without going through probate court. If there is a house or other property involved, you'll need to wait at least 6 months before filing a small estate affidavit.
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What is an affidavit of succession to real property in Arizona?
Arizona statutes offer an alternative to avoiding probate by using an Affidavit of Succession to Real Property in cases in which the real property value does not exceed a certain value. The estate value must be less than $100,000 minus all the liens and any other encumbrances when the decedent passed away.
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