logo
logo
Sign in

Usage Of Small Estate Affidavit

avatar
dfwprobate law
Usage Of Small Estate Affidavit

A Small Estate Affidavit is a legal document that allows an executor or administrator to collect and distribute the assets of a deceased person without going through probate court. In order to use a Small Estate Affidavit, certain requirements must be met.


An affidavit is used to facilitate the transfer of all assets of an estate that qualify as a minor estate to the intended beneficiary or rightful heir upon the death of a loved one, except immovable property and registered automobiles. After the death of the testator, the beneficiary has to fill up the affidavit and submit it to the owner of the property like a financial institution. Also, if there is no will then either the beneficiary of the will or the rightful heir must be. For more details feel free to visit: https://dfw-probate-law.com/dallas-probate-services/dallas-small-estate-affidavits/


Claiming Property with Affidavits


After Death, the Small Estate Affidavit is one way to avoid probate, but there are other affidavits that can also help you collect and distribute the assets of a deceased person. For example, if the deceased person owned a bank account, you can use an affidavit to claim the account. To do this, you will need to provide the bank with a death certificate and an affidavit that states that you are the rightful heir to the account. The bank will then transfer the account to you without going through probate court.

collect
0
avatar
dfwprobate law
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more