Arizona Revised Statutes Title 14. Trusts, Estates and Protective Proceedings § 14-6204. Sample forms

PARTIES (Name one or more parties):

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Ownership

(Select one and initial):

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single party account

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multiple party account

Parties own account in proportion to net contributions unless there is clear and convincing evidence of a different intent.

Rights at death (select one and initial):

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single party account

At death of party, ownership passes as part of party's estate.

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single party account with POD (pay on death) designation

(Name of one or more beneficiaries):

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At death of party, ownership passes to POD (pay on death) beneficiaries and is not part of party's estate.

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multiple party account with right of survivorship

At death of party, ownership passes to surviving parties.

Multiple party account with right of survivorship and POD (pay on death) designation

(Name one or more beneficiaries):

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At death of last surviving party, ownership passes to POD (pay on death) beneficiaries and is not part of last surviving party's estate.

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multiple party account without right of survivorship

At death of party, deceased party's ownership passes as part of deceased party's estate.

Agency (power of attorney) designation (optional)

Agents may make account transactions for parties but have no ownership or rights at death unless named as POD (pay on death) beneficiaries.

(To add agency designation to account, name one or more agents):

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(Select one and initial):

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agency designation survives disability or incapacity of parties

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agency designation terminates on disability or incapacity of parties