Small Estate Affidavit Form Iowa Format

State:
Iowa
Control #:
IA-ET20
Format:
Word; 
Rich Text
Instant download

Description

The Small Estate Affidavit form in Iowa serves as a legal document enabling successors to claim the decedent's personal property valued at twenty-five thousand dollars or less, which can expedite the transfer process without the need for probate. Key features include providing personal information about the affiant and decedent, details on the decedent's property, the relationship of successors, and confirmations regarding the decedent's will status. Filling out the form requires specific information such as the decedent's death date, property descriptions, and the successors' names and social security numbers. Users must ensure the affidavit is notarized and that a certified death certificate is attached to validate the claim. This form is particularly useful for attorneys, paralegals, and legal assistants who assist clients in simplifying estate transitions, and for partners or owners managing joint assets. It is also beneficial for ordinary individuals with limited legal knowledge, showcasing an easy-to-navigate process for claiming assets without the complexities of formal probate proceedings.
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  • Preview Small Estate Affidavit for Personal Property Estates Not More than $50,000
  • Preview Small Estate Affidavit for Personal Property Estates Not More than $50,000
  • Preview Small Estate Affidavit for Personal Property Estates Not More than $50,000

How to fill out Iowa Small Estate Affidavit For Personal Property Estates Not More Than $50,000?

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FAQ

How Long Do You Have to File Probate After Death? While there is no specific timeline, a person with possession of the will must file it after learning of the person's death. By filing the will promptly, you can begin the probate process as soon as possible.

The basic requirements for filing a Small Estate Affidavit in Illinois are that the deceased person must have been a resident of Illinois, the total value of the estate must be less than $100,000, and no other probate proceedings should be taking place.

IOWA CODE § 635.1. Where there is no will, a petition for small estate administration may be made by a surviving spouse, heirs of the decedent, creditors of the decedent, or any other persons showing good grounds therefor; if there is a will, such a petition may be filed by any interested person.

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.

How to fill out a small estate affidavit in Illinois Fill in your name and information in #1. Complete the information about the decedent in #2-4. Mark either #7a or #7b depending on what is true. ... Complete #9a to indicate the names of the spouse and children if any.

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Small Estate Affidavit Form Iowa Format