This form is a Uniform Statutory Form of Power of Attorney for California for property, finances and other powers you specify. It also provides that it can be durable.
California Statutory Probate Code Form 13100
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How to fill out California Uniform Statutory Power Of Attorney - Property - Finances - Section 4401?
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FAQ
Ing to the California probate code §§890, 13000 - to be considered a small estate and avoid probate, the total value of all real property and personal property cannot exceed $184,500.
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 ...
If probate has started, a personal representative of the estate has to agree in writing to the use of this informal settlement process. The affidavit doesn't have to be filed with the court. To use it, the person claiming the assets presents it to the bank, brokerage or another holder of the asset.
Legally, you are not required to have the Affidavit notarized. But many institutions will ask you to do so, so it may be a good idea to notarize it before you try to use it to transfer the property. If there are other people entitled to inherit the property, they must also sign the Affidavit.
You can transfer property without opening probate if the estate is valued under a set amount. That amount changes every few years and is based on the year the person passed away. You can find the latest limits in Maximum Values for Small Estate Set-Aside & Disposition of Estate Without Administration (form DE-300).