The proposed bill would amend several sections of the Arizona Revised Statutes related to trusts and estates, updating terminology and definitions to reflect modern practices. Key changes include redefining "will" to encompass codicils and testamentary instruments that appoint a personal representative and nominate guardians or conservators. The term "executor" would be replaced with "personal representative," and "judge" would be updated to "judicial officer." Additionally, the bill introduces technical and conforming changes to ensure consistency across the statutes.
The bill also modifies the definitions of various terms, such as "electronically present," which clarifies the conditions under which individuals can communicate remotely, and "electronic will," which refers to testamentary instruments executed on electronic media. Other changes include adjustments to the homestead allowance provisions and the responsibilities of personal representatives. Overall, these updates 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
Chaptered 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