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An Affidavit of Survivorship is a legal document used in Minnesota to transfer the ownership of real estate from one party to another when one of the parties has died. It is typically used by the heirs of a deceased party to transfer the deceased's ownership interest in real estate to the surviving owner.
An affidavit to clear a deceased owner's interest in real property in Minnesota of record where there is a right of survivorship as either a surviving joint tenant or a remainderman to a life estate.
If your personal property exceeds $75,000 or you own real estate in your name alone, your estate must be probated.
Affidavits for collection are governed by Minnesota Statutes § 524.3-1201. Use of an affidavit for collection is appropriate when: The estate does not contain real estate. The estate has assets valued at $50,000.00 or less after liens and encumbrances have been deducted.
The transfer by affidavit process can be used to close a person's estate when the deceased has $50,000 or less in assets subject to administration in Wisconsin.
Minnesota small estate affidavit is a legal form used in estates valued and under $75,000. Minnesota statute 524.3-1201 tells us that this dollar amount is the threshold level by which an estate in Minnesota does or does not need to be probated.
Affidavit of No-Probate (PS2071) is used by one or more heirs at law (adult children, parents, siblings), who affirm they have the authority to represent all heirs and that the estate is not subject to probate.