There are times when an estate can pass to the state of Arizona if no interested person is qualified to claim the intestate estate.
Intestate means when someone dies without a will. The law of intestate succession in Arizona will control the distribution of their estate and can make the administration of the estate more complicated under probate law. The easiest way to avoid negative consequences to the distribution of hard-earned assets through intestate succession is to have a valid Last Will and Testament. Arizona estate planning lawyers can assist individuals by preparing relevant estate planning documents and providing legal direction regarding estate and probate laws in Mesa.
A Last Will and Testament is important for the purposes of explaining where and how an individual would like their assets divided, debts resolved and personal end of life issues spelled out. Mesa estate planning lawyers guide clients to make sure a will contains the legally necessary language so a person’s wishes can be honored at the time of their death according to Arizona and federal laws. Consultation with a lawyer is important to understand the importance of specific clauses detailing activities to be undertaken after death, but also when a person is alive but unable to handle their affairs such “Do not resuscitate/intubate” instructions in a formal will.
Avoid intestate succession
There are times when an estate can pass to the state of Arizona if no interested person is qualified to claim the intestate estate. Complications resulting from dying intestate may include:
- Probate court fees are paid out of the intestate estate before assets may be distributed to heirs.
- The estate is submitted for probate action. The probate court appoints a personal representative, takes control of assets and liabilities, makes distributions, and handles how custody of surviving minor children shall be determined.
- The probate court determines who shall receive an intestate share of the assets.
- The probate judge determines who shall be guardian of any minor children.
- In Arizona intestate succession law, assets are distributed between the surviving spouse and children by blood or adoption according to a plan deemed most suitable by the court under Arizona law. If the decedent was unmarried with no descendants at time of death, then his or her estate assets will be distributed to heirs-at-law (parents, grandparents, and so on, according to ARS § 14-2103). It is possible for a distant relative; a stranger might inherit a person’s whole estate.
Seek legal counsel
Estate planning lawyers draft three essential documents including a will, power of attorney and health care directive, to support a person’s wishes if they are unable to speak for themselves due to illness, and to allow their estate to be transferred as they desire. Consultation with tax lawyers is also a prudent decision so they can review estate planning documents and explain how tax burdens will be handled for surviving loved ones or beneficiaries to the estate.
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