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Arizona Last Will and Testament
Arizona
Arizona Last Will and Testament for a Widow or Widower with Adult and...

Arizona Will With Without Probate

Category:

Wills - For People with Children

State:

Arizona

Control #:

AZ-WIL-01703

Format:

Instant download

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Description

The Arizona Will Without Probate is a legal document crafted for individuals to designate how their assets will be distributed after death, while also ensuring a straightforward process that can avoid probate. Key features include articles addressing marriage, children, specific bequests, homestead distribution, and the appointment of guardians and trustees for minor children. Each article includes fields for required information, allowing users to fill in their details directly on the computer. It is important for users to accurately fill out each section and adhere to signing requirements, including having witnesses present during execution for validation. This will is particularly beneficial for attorneys, partners, and owners as it provides clear stipulations for estate management and personal representative authority, simplifying the legal proceedings for estates with minor children involved. Paralegals and legal assistants can use this form as a template for client meetings and to guide clients through the estate planning process, ensuring compliance with state laws. Overall, this Will serves as a comprehensive tool for individuals looking to secure their legacy and streamline estate handling in Arizona.

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FAQ

Four Ways to Avoid Probate in Arizona Establish a Trust. ... Title Property with Rights of Survivorship. ... Make Accounts Payable on Death or Transfer of Death. ... Provisions for Small Estates.

What Assets Do Not Require Probate Under AZ Law? Bank Accounts With Rights of Survivorship. ... Payable-On-Death Account. ... Transfer-On-Death Account. ... Retirement Plans. ... Life Insurance Policies. ... Living Trusts.

Assuming probate is necessary, there can be a number of consequences for not petitioning to open probate: Individually-titled assets will remain frozen in the decedent's name. The estate's assets are subject to losses. Another interested party may petition to open probate.

Probate is required in Arizona if the decedent (deceased person) owned any assets that did not have beneficiary designations at the time of death. Probate is also always required for wills because the court must verify that the document is valid.

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Last Will and Testament for a Widow or Widower with Adult and Minor Children

Note: This summary is not intended to be all-inclusive of the law of Arizona wills law, but does contain basic and other content.

Who may make a will: A person who is eighteen years of age or older and who is of sound mind may make a will. 14-2501.

Execution; witnessed wills: A will shall be:
1. In writing.
2. Signed by the testator.
3. Signed by at least two witnesses. 14-2502.

Self-proved wills: A self-proving affidavit as provided by statute may be used at the time of the execution of the will to substantiate the vaildity of the execution of the will. 14-2504.

Witnesses; requirements: A person who is generally competent to be a witness may act as a witness to a will. The signing of a will by an interested witness does not invalidate the will or any provision of it. 14-2505.

Revocation of will; requirements: A testator may revoke a will in whole or in part:

1. By executing a subsequent will that revokes the previous will or part expressly or by inconsistency.

2. By performing a revocatory act on the will if the testator performs the act with this intent or if another person performs the act in the testator's conscious presence and by the testator's direction. For purposes of this paragraph, "revocatory act on the will" includes burning, tearing, canceling, obliterating or destroying the will or any part of it. A burning, tearing or canceling is a revocatory act on the will whether or not the burn, tear or cancellation touched any of the words on the will.

If a subsequent will does not expressly revoke a previous will, the execution of the subsequent will wholly revokes the previous will by inconsistency if the testator intended the subsequent will to replace rather than supplement the previous will.

The testator is presumed to have intended a subsequent will to replace rather than supplement a previous will if the subsequent will makes a complete disposition of the testator's estate. If this presumption arises and is not rebutted by clear and convincing evidence, the previous will is revoked and only the subsequent will is operative on the testator's death.

The testator is presumed to have intended a subsequent will to supplement rather than replace a previous will if the subsequent will does not make a complete disposition of the testator's estate. If this presumption arises and is not rebutted by clear and convincing evidence, the subsequent will revokes the previous will only to the extent the subsequent will is inconsistent with the previous will and each will is fully operative on the testator's death to the extent they are not inconsistent. 14-2507.

Incorporating outside document into a will; requirements: A testator may incorporate a written document into the testator's will by reference if the following requirements are met:
1. The document exists at the time the testator executes the will.
2. The will's language manifests the testator's intent to incorporate this document.
3. The will's language describes the document with enough specificity to allow its identification. 14-2510.

References to separate lists; requirements: A will may refer to a written statement or list to dispose of items of tangible personal property other than money and not otherwise specifically disposed of by the will.

To be admissible under this section as evidence of the intended disposition, the writing shall either be in the testator's handwriting or be signed by the testator and shall describe the items and the devisees with reasonable certainty.

The writing may be:
1. Referred to as one to be in existence at the time of the testator's death.
2. Prepared before or after the execution of the will.
3. Altered by the testator after its preparation.
4. A writing that has no significance apart from its effect on the dispositions made by the will. 14-2513.

Contracts regarding wills; requirements; effect: A. After December 31, 1994, a person may enter into a contract to make a will or devise or not to revoke a will or devise or to die intestate only by:
1. Provisions of a will that state the material provisions of the contract.
2. An express reference in a will to a contract and extrinsic evidence proving the terms of the contract.
3. A writing signed by the decedent evidencing the contract.

B. The execution of a joint will or mutual wills does not create a presumption of a contract not to revoke the will or wills. 14-2514.