Small Estate Probate Exemption - Real Property Mesa Arizona - Real Property Mesa AZ - Small Estate Probate Exemption
When I first started working on helping out my friend Brad Boren who buys houses quickly with cash to help people sell their inherited homes and fix them up, I had no idea that there was a probate exemption amount in Arizona.
According to Keytlaw.com's website,
- The value of REAL PROPERTY in the decedent’s estate, less liens and encumbrances, does not exceed $75,000 as of the date of death. See Arizona Revised Statutes Section 14-3971(C). To learn more about this exemption read Keyt Law, LLC's article called “Small Estate Probate Exemption – Real Property.”
Remember also that if you need to re-review the three prong approach options to selling your Arizona home fast traditionally or for cash, visit us on that link.
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