Lately, there’s been much discussion about essential and non-essential services. With my clients I discuss several essential, must have documents. One of them is your Last Will & Testament. So what really happens when somebody dies without a will?
If you die without a will, it means you have died “intestate.” When this happens, the intestacy laws of the state where you reside will determine how your property is distributed upon your death. This includes any bank accounts, securities, real estate, and other assets you own at the time of death.
How does this affect your loved one and anything you cared about?
Your estate is not protected and is often opened to creditors. The process is delayed for months until the executor gets assigned. You loved ones will be getting anything that is left, if there are creditors and unpaid bills. It can take many months to close the estate.
I can help you create this important documents that meets all Arizona laws requirements the same day when we meet, at affordable price.