Arizona law permits heirs to use a simple and inexpensive process to handle the estate. It is called an "Affidavit for Collection of all Personal Property."How to fill out the final account for an estate with no assets except a vehicle and nothing in the bank. Make the process of opening an estate account simple and straightforward with this stepbystep guide. The next step is opening a bank account for the estate. What you may need ; Trust. Accounts with arrangements to hold the assets in a trust. You can set it up as a survivorship account. Typically the bank's paperwork will say "John Doe and Jane Doe, either may draw, pay to survivor." A transfer on death account is a common way to avoid the stressful probate process for a home, as well as investment and bank accounts.