The proposed bill, if enacted, would amend several sections of the Arizona Revised Statutes related to trusts and estates. Key updates include redefining the term "will" to encompass codicils and testamentary instruments that appoint a personal representative and nominate a guardian or conservator. The bill also replaces the term "executor" with "personal representative" and "judge" with "judicial officer," reflecting a more modern terminology in legal proceedings. Additionally, it introduces technical and conforming changes to ensure consistency across the statutes.
Furthermore, the bill modifies the definitions of various terms, such as "electronically present," "electronic record," and "electronic signature," to align with contemporary practices in digital communication and documentation. It also clarifies the roles and powers of personal representatives and addresses the treatment of homestead allowances in estate distributions. Overall, these changes aim to streamline the legal framework governing trusts and estates, making it more accessible and relevant to current practices.
Statutes affected: Introduced Version: 14-1201, 14-2302, 14-2402, 14-3716, 14-3718, 14-5101, 14-6102, 14-10105, 14-2523, 25-211, 14-5401, 14-2518, 14-2403, 14-1408, 14-2711, 14-2502, 14-2503, 14-10103, 14-2520, 14-1307, 25-213, 14-3614, 14-3618, 14-2104, 14-2702, 14-3902, 14-6101, 14-5304.02, 14-5308, 25-401, 32-1601, 14-6211
House Engrossed Version: 14-1201, 14-2302, 14-2402, 14-3716, 14-3718, 14-5101, 14-6102, 14-10105, 14-2523, 25-211, 14-5401, 14-2518, 14-2403, 14-1408, 14-2711, 14-2502, 14-2503, 14-10103, 14-2520, 14-1307, 25-213, 14-3614, 14-3618, 14-2104, 14-2702, 14-3902, 14-6101, 14-5304.02, 14-5308, 25-401, 32-1601, 14-6211