Probate can be a stressful process, especially when the estate includes unpaid debts. If you’re managing an estate in Catalina Foothills, Arizona, knowing how to handle debts properly can make the process smoother and less confusing.
1. Understand What Probate Is
Probate is the legal process used to manage someone’s estate after they pass away. It includes paying debts, gathering assets, and distributing what’s left to heirs.
In Catalina Foothills, probate ensures all valid debts are handled before assets are transferred to family members.
2. List Every Debt
Start by listing all debts the deceased owed. Common examples include:
- Credit cards
- Mortgages
- Medical bills
- Loans
- Taxes
Look through bank statements, emails, and mail to find everything. A complete list helps you stay organized during the probate process.
3. Notify Creditors
In Arizona, you must notify creditors about the probate case. This can be done through mailed letters or a notice published in a Catalina Foothills or Tucson-area newspaper.
Creditors then have a limited time to make claims, keeping the process fair and legal.
4. Pay Debts in the Right Order
Arizona law sets the order of payment for debts. Usually, it goes like this:
- Funeral and burial expenses
- Taxes owed
- Secured debts like mortgages
- Other debts such as credit cards or medical bills
Following this order avoids legal problems and ensures fairness among creditors.
5. Use Only Estate Funds
Never use your own money to pay off estate debts. All payments should come from the estate’s funds.
Keeping accounts separate makes everything clear and easier to document later.
6. Ask for Professional Help
Handling probate alone can be confusing. A probate attorney or an experienced real estate professional can help you navigate the process—especially when property is involved.
How a Catalina Foothills Realtor Can Help
If the estate includes real estate in Catalina Foothills, selling property may help cover debts or settle the estate faster.
Ryan Comstock, Realtor with eXp Realty, helps families manage probate and estate real estate across Catalina Foothills and Tucson. He offers expert advice and personal support through every step.
📞 Phone: 520-261-4669
📧 Email: ryancomstock@ryancomstock.com
🌐 Website: www.ryancomstock.com