Helpful Definitions Pursuant to A.R.S.14-1201
“Agent” includes an attorney-in-fact under a durable or nondurable power of attorney, a person who is authorized to make decisions concerning another person’s health care and a person who is authorized to make decisions for another person under a natural death act.
“Application”means a written request to the registrar for an order of informal probate or appointment under chapter 3, article 3 of this title.
“Basis for Compensation” means hourly rate, a fixed fee or a contingency fee agreement and reimbursable costs.
“Beneficiary”as it relates to a trust beneficiary, includes a person who has any present or future interest, vested or contingent, and also includes the owner of an interest by assignment or other transfer. As it relates to a charitable trust, beneficiary includes any person entitled to enforce the trust. As it relates to a beneficiary of a beneficiary designation, beneficiary refers to a beneficiary of an insurance policy or annuity policy, an account with pay on death designation, a security registered in beneficiary form or a pension, profit sharing, retirement or similar benefit plan, or any other non-probate transfer at death. As it relates to a beneficiary designated in a governing instrument, beneficiary includes a grantee of a deed, a devisee, a trust beneficiary, a beneficiary of a beneficiary designation, a donee, appointee or taker in default of a power of appointment and a person in whose favor a power of attorney or a power held in any person, fiduciary or representative capacity is exercised.
“Beneficiary Designation” refers to a governing instrument naming a beneficiary of an insurance or annuity policy, of an account with pay on death designation, of a security registered in beneficiary form or of a pension, profit sharing, retirement or similar benefit plan, or any other non-probate transfer at death.