Losing a loved one is difficult, and going through probate—the legal process of settling their estate—can feel overwhelming. If there’s a home or property in Marana, Arizona, one of the key things families need to understand is probate taxes. The good news is, it’s not as complicated as it sounds.
What Are Probate Taxes?
“Probate taxes” usually refer to the taxes that need to be managed while an estate is in probate. These can include:
- Property taxes – Must be paid to keep the property in good standing.
- Capital gains taxes – Could apply if the home is later sold at a profit.
- Federal estate taxes – Only affect very large estates (most Marana families won’t need to worry about this).
- Arizona state taxes – Arizona does not have an inheritance or estate tax.
How Probate Taxes Affect Marana Homes
If a home or land in Marana is part of the estate, here’s what to know:
- Property taxes must stay current. Late or unpaid taxes can cause penalties or liens.
- Step-up in basis saves money. The home’s value resets to fair market value at the time of inheritance, reducing possible capital gains taxes when sold.
- Court approval may be required. If selling the home during probate, the court must sign off, and all taxes must be addressed first.
Tips for Handling Probate Taxes in Marana
- Keep property taxes up to date.
- Ask a tax professional about any federal tax concerns.
- Work with a local Marana realtor who understands probate sales and can make the process smoother.
Get Help with Probate Sales in Marana
Probate doesn’t have to feel overwhelming. With the right support, you can handle probate taxes and property sales in Marana with confidence.
Contact Ryan Comstock – Marana Realtor
📞 Phone: 520-261-4669
📧 Email: ryancomstock@ryancomstock.com
🌐 Website: www.ryancomstock.com