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Effective September 13, 2013, Arizona law changed to increase the maximum dollar amounts for exemptions from probate for estates of Arizona residents.  The small estate exemptions amounts are now $75,000 for personal property and $100,000 for Arizona real property.

To learn more about these two small estate probate exemptions read my articles called:

•  “Arizona Small Estate Probate Exemption – Real Property“

• “Arizona Small Estate Probate Exemption – Personal Property“

 

Question:  Can the personal representative of an Arizona probate be compensated for services rendered as personal representative?

Answer:  Yes, but all payments must be reasonable and are subject to court approval.  More often that not when the personal representative is a close relative of the decedent the personal representative elects not to be compensated.