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If you have the legal right to inherit personal property, like money in a bank account or stocks, and the estate is worth $184,500 or less, you may not have to go to court to have the property transferred to you.
A very common non-probate transfer is the use of affidavits to transfer personal property if the gross value of the decedent's real and personal property in California does not exceed the $150,000 or $166,250 threshold amount and if 40 days have elapsed since the death of the decedent, the successor of the decedent may ...
You may be able to use a Small Estate Affidavit to have the property transferred to you. You give this Affidavit to the person, company, or financial institution (such as a bank) that has the property so that they can legally transfer it to your name.
California Small Estate Affidavit: Instructions 2023 This document allows a petitioner to transfer the unclaimed property of a deceased if the petitioner is entitled to the deceased's assets ing to Section 13101 of the California Probate Code.
An affidavit is a written statement you're asserting is true. Affidavits can be used for a number of reasons such as in court cases as evidence, and outside of court to verify facts in a business transaction (for instance,if you need to assure a buyer you really own what you're selling them).