Louisiana Affidavit Of Small Succession
Description
How to fill out Louisiana Affidavit - La. CC Art. 102 - No Children?
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FAQ
Louisiana notary publics can do things that notary publics can't do in many other states. In Louisiana, they can: Create and execute affidavits. Help with small successions.
How to File (4 steps)Step 1 Wait 90 Days If Succession Includes Immovable Property.Step 2 Gather Information.Step 3 Fill Out and Sign the Affidavit.Step 4 File the Affidavit at a District Court.
How Do You Avoid Louisiana Succession? To avoid succession in Louisiana, the best option is to put all assets in a revocable living trust. When you do this, the assets automatically transfer to the beneficiary without the need to go through probate.
In Louisiana, a succession may qualify as a small succession if a person dies: (1) leaving property in the state of Louisiana; and (2) if the gross value of all of the decedent's assets is $125,000 or less.
If property is involved and the estate qualified as a small succession, the heir will need to file a Louisiana Small Estate Affidavit to have the property transferred without court-involvement.
