Arizona Senate bill SB 1232 will become effective September 13, 2013. This new law modifies Arizona Revised Statutes Section 14-3971 to provide that the small estate probate exemption amount for personal property will increase from $50,000 to $75,000 and the exemption for real property will increase from $75,000 to $100,000. To learn more about Arizona probate and small estate exemptions go to Arizona Probate Law.
New Arizona Law Increases Small Estate Exemptions from Probate
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About the Author: Richard Keyt
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Richard Keyt, an Arizona will, trusts & estate planning attorney who has practiced law since 1980. He assists people in protecting their most valuable assets - their loved ones - from creditors, ex-spouses and predators by creating life-time beneficiary controlled asset protection trusts.
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