Arizona Laws 14-3916. Community property
Current as of: 2023 | Check for updates
|
Other versions
In making a division or distribution of community property held in the decedent‘s estate, the personal representative may consider community property held outside the estate so that the division of community property held in the estate and outside the estate is based on equal value but is not necessarily proportionate.
Terms Used In Arizona Laws 14-3916
- Community property: means that property of a husband and wife that is acquired during the marriage and that is community property as prescribed in section 25-211. See Arizona Laws 14-1201
- Decedent: A deceased person.
- Personal representative: includes an executor, an administrator, a successor personal representative, a special administrator and persons who perform substantially the same function under the law governing their status. See Arizona Laws 14-1201
- Property: includes both real and personal property. See Arizona Laws 1-215