how to avoid probate Tag Archives

Do I need estate planning advice? The answer is always yes. It doesn’t matter the size of your estate; learn about transfer-on-death designations and more.

04 Mar Do I Need Professional Estate Planning Advice?

Posted at 15:33h in Estate Planning by Phelps LaClair

You're great at setting a budget, saving money, and spending wisely. You might even have a business degree, be financially savvy, and stay up to date on the latest economic news. If that sounds like you, perhaps you’re wondering: Do I need estate planning advice,...

There are other options besides a living trust if you want to avoid probate in Arizona. However, they only apply to certain assets and in specific situations. We dive into the details below.

12 Jan Do I Need a Trust to Avoid Probate?

Posted at 09:09h in Estate Planning, Living Trusts, Probate, Taxes, Wills by Phelps LaClair

Probate is a long and costly process that places an unnecessary burden on your loved ones. If you want to avoid probate in Arizona, you’ll need more than just a will in your estate plan. Wills are always subject to probate, and that is why...

16 Jun When Is Probate Required in Arizona?

Posted at 17:29h in Estate Planning, Probate by Phelps LaClair

Probate is the legal process of validating a will, settling a deceased person's debts, and distributing their assets to heirs or beneficiaries. The court oversees this process to ensure that is properly carried out. Probate can take over a year and involves expensive court fees...

how probate works - scrabble tiles say probate lawyer

13 May How Does Probate Work in Arizona

Posted at 13:08h in Estate Planning, Probate by Phelps LaClair

If you have a large estate or die without a will, your estate will go through probate after you pass. This court process can be overwhelming for your loved ones and create conflict regarding distribution. Whether you’re administering a loved one’s estate or getting your...

Naming a beneficiary for your bank account is the easiest way to give your loved ones access to your finances after you pass away.

04 Dec Why You Need to Designate a Beneficiary for Your Bank Accounts

Posted at 11:11h in Probate by Phelps LaClair

Did you know that you can designate a beneficiary for most bank accounts? Naming a beneficiary is the easiest way to allow your loved ones to access your accounts and avoid having to deal with the complications of probate court. Here’s why you need a...

21 Mar What Is a Small Estate Affidavit?

Posted at 18:39h in Estate Planning, Probate by Phelps LaClair

Probate is a long and costly process that can take a year or more, and it’s best to avoid it if you can. For a small estate with property valued below a certain threshold, the best way to skip the probate process is to use...

Probate is the legal process of verifying a will, settling an estate, and transferring ownership of its assets to the beneficiaries.

15 Mar 3 Ways to Avoid Probate in Arizona

Posted at 20:50h in Living Trusts, Probate by Phelps LaClair

Many people believe that listing their assets and naming beneficiaries in a will is enough for their estate to avoid probate. However, wills are always required to go through probate, because the court needs to validate them. Probate is the legal process of distributing the assets...

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