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Nontestamentary Dispositions of Assets in an Arizona Probate

Posted on : August 10, 2016, By:  Christopher Hildebrand
Nontestamentary Dispositions of Assets in an Arizona Probate

Nontestamentary Disposition of Assets in an Arizona Probate In Arizona, a surviving spouse is entitled to a statutory allowance from the other spouse’s estate. Sometimes the estate doesn’t have enough assets to pay that allowance. Arizona law gave the probate court authority to take the decedent’s life insurance policy proceeds to pay that allowance. This […]

Posted in : Estate Planning Laws , Leave a comment

Community Property Interest in a Business Owned Prior to Marriage

Posted on : August 10, 2016, By:  Christopher Hildebrand
Community Property Interest in a Business Owned Prior to Marriage

Community Property Interest in a Business Owned Prior to Marriage In Arizona, the earnings of the spouses during marriage are community property. In a divorce, the court divides the money and assets between the spouses equitably. The exact division is generally left to the discretion of the trial court. However, an appellate court can review […]

Posted in : Arizona Community Property Laws , Leave a comment