Settling Grandpa Joe’s Simple Estate Plan From A Distance
Simple Estate Planning From A Distance
Executors take on a lot of responsibility. Gathering assets, notifying heirs, and reviewing claims against the estate take time. It’s that much more difficult when the executor lives out of state and has to settle an estate from a distance. Difficult, but not impossible.
Are You Qualified?
If you’re named as an executor over an Arizona estate, the first thing to figure out is whether you are qualified to serve. Arizona law states two requirements for executors:
- That you be at least 18 years old
- That you be of sound mind.
Some states prohibit convicted felons or non-residents from serving as executors. Arizona does not stop felons from serving or non-residents. However, foreign corporations or business entities cannot be executors of an Arizona estate. Foreign in this context, by the way, just means out-of-state.
For example, if your Grandpa Joe, an Arizona resident, names you as his executor, you will not be disqualified because you live in another state.
Are You Able To Fulfill Your Duties?
One of an executor’s most important duties is to gather and preserve estate assets. This is sometimes difficult to do even if you live in-state. The best thing to do is have a local advocate who can help you locate assets and heirs.
When it comes time to gather Grandpa Joe’s assets, you may have to stay in Arizona for days or take several trips back. Not everyone has the time and money to do this. Hiring an experienced local probate attorney is a good first move.
Why Hire Local?
A local attorney knows the ins and out of Arizona law regarding probate and related matters. When it comes time to start the probate proceeding, you’ll need someone who can get you in and out of court as quickly and efficiently as possible.
Instead of trying to Google “how to start probate in Arizona,” you’ll just call your local attorney from your residence and get the ball rolling.
Cover All Your Bases.
At Keystone Law, we use our estate planning experience to help clients like you decide how to develop a personal estate plan. Call us at (480) 418-8448. We offer services for clients throughout Arizona, including Chandler, Gilbert, Sun Lakes, Tempe, Phoenix, Mesa, Scottsdale, and Apache Junction.
Simple Estate Planning From A Distance
Executors take on a lot of responsibility. Gathering assets, notifying heirs, and reviewing claims against the estate take time. It’s that much more difficult when the executor lives out of state and has to settle an estate from a distance. Difficult, but not impossible.
Are You Qualified?
If you’re named as an executor over an Arizona estate, the first thing to figure out is whether you are qualified to serve. Arizona law states two requirements for executors:
- That you be at least 18 years old
- That you be of sound mind.
Some states prohibit convicted felons or non-residents from serving as executors. Arizona does not stop felons from serving or non-residents. However, foreign corporations or business entities cannot be executors of an Arizona estate. Foreign in this context, by the way, just means out-of-state.
For example, if your Grandpa Joe, an Arizona resident, names you as his executor, you will not be disqualified because you live in another state.
Are You Able To Fulfill Your Duties?
One of an executor’s most important duties is to gather and preserve estate assets. This is sometimes difficult to do even if you live in-state. The best thing to do is have a local advocate who can help you locate assets and heirs.
When it comes time to gather Grandpa Joe’s assets, you may have to stay in Arizona for days or take several trips back. Not everyone has the time and money to do this. Hiring an experienced local probate attorney is a good first move.
Why Hire Local?
A local attorney knows the ins and out of Arizona law regarding probate and related matters. When it comes time to start the probate proceeding, you’ll need someone who can get you in and out of court as quickly and efficiently as possible.
Instead of trying to Google “how to start probate in Arizona,” you’ll just call your local attorney from your residence and get the ball rolling.
Cover All Your Bases.
At Keystone Law, we use our estate planning experience to help clients like you decide how to develop a personal estate plan. Call us at (480) 418-8448. We offer services for clients throughout Arizona, including Chandler, Gilbert, Sun Lakes, Tempe, Phoenix, Mesa, Scottsdale, and Apache Junction.
