In Arizona you can prepare a "personal property list" identifying who will receive individual items from your estate. A personal property memo is a document that is separate from, and in addition to, your will or trust.Most personal property leased or rented to others is taxable and the County Assessor should be consulted for specific filing and record keeping instructions. An easy excell spread sheet can be set up for your purposes. Attach a copy of your Letters of Office certified within 60 days. 2c. Vehicles, real estate property, and other titled assets that the decedent owns are all subject to probate under Arizona law. You can create your own list using a spreadsheet or fill out a home inventory checklist that's ready to go. Without a will, the courts will choose what happens to your possessions. The Arizona Department of Revenue (Department or ADOR) administers the property tax system in cooperation with the 15 county assessors, among others. If you have experienced a moderate to total loss and need assistance with completing your personal property inventory, our Contents Inventory Aids can be used.