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In the best of circumstances, the Mississippi probate process usually takes 4 to 6 months. This would only be possible if the estate was fairly simple, all interested parties are agreeable, and documents are signed and returned to the probate attorney in a timely manner. More complicated estates will take longer.
If you die without a will in Mississippi, your children will receive an intestate share of your property.For children to inherit from you under the laws of intestacy, the state of Mississippi must consider them your children, legally.
In Mississippi, you can make a living trust to avoid probate for virtually any asset you ownreal estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).
Explanation of the Mississippi Muniment of Title Procedure A muniment of title is an alternative to probate that allows a judge to recognize a will as valid for the sole purpose of transferring title to real estate.
The Mississippi small estate affidavit may be used by an heir or successor when the decedent's estate (the person who died) left $75,000 or less in probate-able personal property.
Under Mississippi statute, where as estate is valued at less than $50,000, an interested party may, thirty (30) days after the death of the decedent, issue a small estate affidavit to collect any debts owed to the decedent.
No, in Mississippi, you do not need to notarize your will to make it legal. However, Mississippi allows you to make your will "self-proving" and you'll need to go to a notary if you want to do that.
When a Will is probated as a Muniment of Title, no executor or executrix is appointed to administer the estate.Muniment of title probate is a simpler way to establish the validity of the Will and pass title to the beneficiaries named in the Will.