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 a guardian or conservator, rather than just a guardian. The term "executor" would be replaced with "personal representative," and "judge" would be updated to "judicial officer." Additionally, the bill would make various technical and conforming changes to ensure consistency across the statutes.
Current definitions would also be revised, such as updating "electronically present" to clarify that it refers to individuals in different locations communicating via technology, and modifying the definition of "formal proceedings" to specify they are conducted before a judicial officer. The bill would also adjust the language surrounding homestead allowances and the powers of personal representatives, ensuring that the administration of estates aligns with the new terminology and definitions. Overall, these updates aim to modernize the legal framework governing trusts and estates in Arizona.
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