Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 14. Trusts, Estates and Protective Proceedings |
Chapter 3. PROBATE OF WILLS AND ADMINISTRATION |
Article 12. Transfer of Title to Small Estates by Affidavit and Summary Administration Procedure |
Sec 14-3973. Small estates; summary administrative procedure
Latest version.
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If it appears from the inventory and appraisal that the value of the entire estate, less liens and encumbrances, does not exceed allowance in lieu of homestead, exempt property, family allowance, costs and expenses of administration, reasonable funeral expenses, and reasonable and necessary medical and hospital expenses of the last illness of the decedent, the personal representative, without giving notice to creditors, may immediately disburse and distribute the estate to the persons entitled thereto and file a closing statement as provided in section 14-3974.