Why Form 5495 Probate 2017-2023

I'm Peter Westby in our firm we talk with people many times about probate probate is an area of law where people have a lot of questions and one of the questions that we see over and over again is often asked by people that have been asked to serve as a personal representative under a will they have some concerns about serving in that capacity and one of the questions they ask is will I have personal responsibility for the debts of the estate and in Arizona the answer to that question is no a personal representative doesn't have responsibility for a state debts but you need to be careful because when a personal representative does business on behalf of the estate it PR must disclose two things first they need to disclose that they're acting as a personal representative and second they must disclose the estate that they're acting on behalf of recent Arizona Court of Appeals case indicated that there's a problem when those disclosures are not made the court of appeals ruled that if a personal representative fails to disclose his capacity and the estate they can have personal liability for the estate debt if you have any questions concerning in the state or a probate come in and speak with us.