Trusted Legal What makes a trust legal Company for over 20 years! Small Estates Small Estates can avoid probate. Download sample previews by your State. Free law summaries are available for all States.
How a Small Estate Affidavit Makes Probate Easier A small estate affidavit form can make an estate transfer much easier. The probate estate involves the personal and real property assets owned by a deceased person at the time of his or her death. A small estate is one in which the total value of the assets owned by a person who died falls under the dollar limit set by state statutes. The probate code in each state defines what qualifies as a small estate and the filing rules that must be followed. Therefore, the dollar amount and rules to file a California small estate affidavit will differ from Texas small estate requirements, etc. In many states, a small estate affidavit, also called an heirship affidavit, is all you need. Property transfers, such as money in a bank account, can be made by simply presenting the small estate affidavit to the financial institution or other entity holding the property.
A transfer of vehicle title at the department of motor vehicles often is accomplished this way when the owner dies. If you’re looking for a small estate affidavit form, we offer the best selection at affordable prices. We have the small estate affidavit forms estate lawyers trust. Regardless of what you need, everyone should have a Will.