Episode 019: Navigating Probate in Arizona with David Gerszewski and Elizabeth Cole

In this episode of the Probate House Guy podcast, we're joined by Elizabeth Cole and David Gerszewski, two prominent probate attorneys from Arizona. We dive into the intricacies of probate and estate planning specific to the state of Arizona. Elizabeth and David share their professional journeys, insights on common mistakes in estate planning, and tips for avoiding probate pitfalls. They also discuss the importance of getting an appraisal for inherited properties, managing estates with significant debts, and the nuances of Arizona's legal requirements for probate and estate management. Whether you're a real estate investor or dealing with a family estate, this episode is packed with valuable information to help you navigate the complexities of probate law. Timeline Summary [00:00:00] - Importance of getting an appraisal for inherited properties. [00:01:11] - Introduction to Elizabeth Cole and David Gerszewski. [00:02:06] - David's transition from Wall Street to estate law. [00:05:16] - Elizabeth's shift from juvenile litigation to probate law. [00:09:27] - Top three estate planning mistakes people make. [00:15:34] - Average timeline for probate in Arizona. [00:18:43] - Process and timeline for selling property during probate. [00:22:38] - Handling creditor claims and ensuring all debts are paid. [00:27:10] - Typical costs for hiring a probate attorney in Arizona. [00:34:44] - Affidavit for transfer of real property in Arizona. [00:38:46] - Small estate affidavit and its limitations. [00:43:52] - Benefits of getting an estate appraisal to avoid family disputes. [00:48:28] - Medicaid and assisted living considerations in Arizona. Links & Resources Citadel Law Firm: www.citadelplc.com - David Gerszewski's law firm in Chandler, Arizona. Arizona Judicial Branch: www.azcourts.gov - Information on probate and estate management in Arizona. Arizona Department of Health Services: www.azdhs.gov - Details on Arizona Long Term Care System (ALTCS). Closing Remarks If you enjoyed this episode, please rate, follow, share, and review the podcast. Your support helps us reach more listeners and provide valuable content. Stay tuned for more episodes where we explore probate laws across different states with expert attorneys.