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Hear this out loud PauseWills in Mississippi don't need to be notarized to be valid, but notarization can make the probate process smoother. That's because, when a will is notarized, it means the probate court doesn't have to summon the witnesses to make sure the will is legally binding.

Most estates require some form of probate to transfer an inheritance in Mississippi. However, if the estate is worth less than $50,000, you can submit an informal probate affidavit instead of attending a court hearing. If the estate includes real estate, probate is typically required.

A holographic or handwritten will is valid in Mississippi if it's testamentary in character (i.e. intended to be a will, not just a letter to a friend) and is wholly written, dated, and signed by the testator or creator of the will.

Hear this out loud PauseSignature: The will must be signed by the testator or by someone else in the testator's name in his presence, by his direction. Witnesses: A Mississippi will must be signed by at least disinterested two witnesses in the presence of the testator if the will was not written entirely and signed by the testator.

Living Trust Any asset can be held in trust, including real estate, financial accounts, securities, motor vehicles, etc. Under a living trust, the trust estate does not revert back to the decedent's estate upon their death, and therefore is not subject to probate.

Hear this out loud PauseMississippi law holds that a will entirely written in the testator's handwriting and signed at the end (a ?holographic? will) is a valid will. Otherwise, Mississippi Code Section 91-5-1 establishes the following requirements for a valid will or codicil.

Under Mississippi's Affidavit of Successor (Small Estate Affidavit) procedure, personal property owed to a deceased person with a value of up to $50,000 may be delivered to his or her heirs or successors by affidavit. The affidavit can be made at any time after 30 days have passed since the person's death.

In Mississippi, the cost for probate can range from $2700 to $5950 or more. The actual cost can vary greatly depending on whether the estate is simple or complex, and whether there are any legal disputes over the will or estate.

An estate usually goes through probate in Mississippi, but there are times when it doesn't, depending on the types of assets involved. However, the following situations usually require probate to be involved: There is no will, or the will is poorly written and difficult to understand.