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A Small Estate Affidavit can be used if the total value of the decedent's property, excluding the value of any vehicles, does not exceed $100,000 (if the claimant is the surviving spouse) or $25,000 (for all other claimants).
In Nevada, the law requires that assets worth more than $20,000 go through probate. There are many other factors that can affect how much an estate has to be worth in order for it to go through probate.
In Nevada, the following assets are subject to probate: Solely-owned property: Any asset that was solely owned by the deceased person with no designated beneficiary is subject to probate. This could include bank accounts, cars, houses, personal belongings, and business interests.
Nevada law allows a simplified process for estates that do not include real property (homes or land) and are less than $25,000 (not including the value of vehicles). This simplified process also works for surviving spouses of decedents whose estates do not include real property and are less than $100,000.
How Much Does an Estate Have to be Worth to go to Probate in Nevada? Probate is a court-supervised process of transferring property from an individual to their heirs. In Nevada, the law requires that assets worth more than $20,000 go through probate.
Nevada law allows a simplified process for estates that do not include real property (homes or land) and are less than $25,000 (not including the value of vehicles).
Generally speaking, if you are unmarried and die intestate in Nevada and have children, your children will inherit your estate in equal shares. If you die with no children but with living parents, your estate will pass on to your parents. If your parents are not alive, the estate then goes to your siblings.
If a deceased Nevada resident-owned assets worth $100,000 or less at the time of death and left behind no real estate, you may be able to avoid formal probate by filing a Nevada Small Estate Affidavit.