Probate in Arizona
Evergreen Estate Planning in Mesa, AZ
Probate in Arizona
Probate is a nasty word in estate planning. It allows the court to oversee the dispersal of assets to try to determine the wishes of the deceased and to ensure they are honored while ensuring all state laws are followed. It can be an expensive, lengthy, and frustrating process. That is why we do everything we can do help you avoid it. But if your estate or your loved one’s estate needs to go through probate, we can help. We gather all the information necessary to begin the process and get you through it. Probate costs money and takes time which is why we help our clients avoid it, but we know life happens, and we make it as straightforward as possible.
What Can I Transfer Into My Trust to Avoid Probate of My Estate?
It is possible to avoid probate if use a competent estate planner and you have the necessary legal paperwork in place. A living trust allows you to avoid probate when you transfer your assets into it. Upon your death, the assets in the trust automatically transfer to the name of the beneficiary (or beneficiaries) from the trust. You can also designate several or different beneficiaries of a particular asset(s) so that just those items or assets will transfer without going through probate. Examples of assets you can include are as follows:
- Life insurance policies
- Real estate
- Retirement accounts
- Boats, automobiles, recreational vehicles
- Bank accounts
