Iowa Small Estate Affidavit With Signature
Description
How to fill out Iowa Small Estate Affidavit For Personal Property Estates Not More Than $50,000?
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FAQ
Is Probate Required in Iowa? Most inheritance cases in Iowa will require probate. However, there are a few exceptions, such as having an estate with a value of less than $25,000 that only includes personal property. If you name a beneficiary to your assets, you can also avoid probate.
How to Write (1) Iowa Small Estate Distributee As Declarant. ... (2) Distributee Name. ... (3) Iowa Decedent Name. ... (4) Date Of Iowa Decedent Death. ... (5) County Of Iowa Decedent Death. ... (6) Distributee As Iowa Affiant. ... (7) Address Of Distributee/Iowa Affiant. ... (8) Description Of Iowa Decedent Asset.
Most inheritance cases in Iowa will require probate. However, there are a few exceptions, such as having an estate with a value of less than $25,000 that only includes personal property.
If there is no real estate to transfer and the sum of the deceased assets is $50,000 or less, an eligible person can use a small estate affidavit, rather than going through probate. Iowa Code 633.356 establishes the requirements for a small estate affidavit.
Updated on August 27th, 2022. An Iowa small estate affidavit, also known as an ?affidavit for distribution of property,? is a legal document that gives successors the right to distribute a deceased person's estate without the court's involvement.