Arizona Trusts and Estates

Probate is the process of legally establishing the validity of a will before judicial authority and settling the estate and belongings of the deceased, making sure any remaining will is valid and distributing assets to those listed on the will.

Probates typically include:

• having property appraised
• paying debts and taxes
• proving in court that a deceased person’s will is valid
• identifying and inventorying the deceased person’s property, and
• distributing the remaining property as the will instructs.

Finding, securing, and managing your assets may take anywhere from a few months to a year. Once all debts are settled, the courts will grant the executor permission to divide what remains to certain people or organizations mentioned in the will.
Probates rarely prosper your beneficiaries, and will always cost them money and time. If your estate will have complicated problems that can’t easily be paid with the property you left, it would be a wise decision to look into a probate.
If you are unsure about what you may be leaving behind and how it will affect your loved ones, give us a call today and let us help you resolve any uneasiness you may be facing.