Articles and Info
This is the first in a series of articles intended to provide a basic understanding of Arizona Probate Law including the definition of probate and the circumstances under which a probate proceeding is necessary.
Question: In March 2009 the deceased in probate case obtained $1000.00 and signed Promissory Note with a Deed of Trust on property he owned. He last payment made was in March 2012. He dies in August 2014 with Note and DOT still on property. Owner of the Prom Note and DOT was notified thru informal probate to file a claim but never did. I have filed the Deed of Distribution. So what do I do about this Prom Note and DOT ? And how does this affect the filing of closing statement for probate case?
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Question: My father recently passed. He remarried 8 mos prior to his death. He had a will & a trust. In the trust, he left me & my brother his house which had balance. The will/trust states that his wife can live in the house "rent free" because it was supposed to paid off with the life insurance policy. It doesn't state that she has to pay the house off, but it is implied. However, it does state that she must pay the utilities, maintenance, property taxes, etc. She has yet to file the trust with the county, is giving $ to other beneficiaries & trading in his vehicle for new one. Probate or Trust Atty?
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