Legal Last Will and Testament Form for Divorced Person Not Remarried with No Children - Arizona 2025

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Probate procedures can be complex and time-consuming, but there are ways to avoid or bypass this process for certain assets in Arizona. Properties such as those held in a living trust are exempt from probate. Similarly, community property and jointly-held property with a right of survivorship do not require probate.
Assets that are exempt from the probate court in Arizona include: Property held jointly: Real estate, homes, bank accounts, and other assets held in joint tenancy pass directly to the surviving owner.
Any time someone dies with more than $100,000 in real property or $75,000 in personal property, their estate must go through probate ing to Arizona probate law. Even if the person has a will, the court must still decide whether or not the will is valid.
3: Financial Assets Bank accounts and brokerage accounts, business ownership interests, stocks, bonds, and other financial assets are also subject to probate. However, bank accounts, life insurance policies, and retirement accounts that have a designated beneficiary are not considered probate assets.
Arizona requires probate unless the decedents assets are all owned by a living trust or they have designated beneficiaries. Perhaps the best way to identify assets that must go through probate is to list the assets that are not subject to probate.

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In Arizona, a will must be created by someone of sound mind who is 18 years of age or older in order to be valid. In addition, a will must be written and signed by two competent witnesses as well as the testator. The validity of the will can be further bolstered by self-proving the will.
Improper Execution Failure to meet these requirements may lead to the invalidity of the document. Additionally, it must be witnessed by at least two competent individuals who also sign the document. Failure to adhere to these execution formalities can be grounds to challenge its validity.
ing to A.R.S. 14-2502 and A.R.S. 14-2503 in the state of Arizona, a handwritten will also known as a holographic will is valid as long as it is signed by the testator and the material provisions are in the testators handwriting. Material provisions are those that name beneficiaries and their gifts.

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