A Legal MinutePreventing disputes
The 90-Day Deadline That Causes Estate Delays
The short answer
Carly Whiteside says the inventory is one of the first key probate deadlines. The court-appointed person has 90 days after appointment to send it out. It shows what the estate holds, such as a house, car, home loan or bank accounts. She sees many issues when that date passes with nothing sent and no communication.
From the full episode Avoiding Probate Litigation: Practical Strategies for Families in Arizona (19:59).
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Transcript
Once probate begins, there's a couple deadlines that are really important in the beginning. So, the first deadline that I think causes a lot of issues is when somebody is appointed by the court: within 90 days of their appointment, they are required to send out an inventory of the estate to all of the beneficiaries.
So, you know, is there a house in there? Is there a car? Is there a loan on the house still? Are there bank accounts? This basically kind of gives somebody a picture of what's actually in the estate. What does the estate consist of? Is it $5? Is it $5 million?
And I see a lot of issues when that date comes and goes and nothing goes out, and it's just radio silence.
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