Mississippi Sworn Statement of Beneficiary of Estate and Consent to Close Estate - Uniform Probate Code

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US-02730BG
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The Uniform Probate Code was drafted by the National Conference of Commissioners on Uniform State Laws. However, not all state legislatures have adopted it. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

A Mississippi small estate affidavit presents a claim on an estate by an heir or beneficiary. This process helps claimants avoid probate court in the state of Mississippi, but can only be utilized if the estate is worth no more than $75,000.

Section 91-5-35 - Will devising real property admitted to probate as muniment of title only; petition signature; rights of interested parties unaffected (1) When a person dies testate owning at the time of death real property in the State of Mississippi and his will purports to devise such realty, then said will may be ...

Section 91-29-23 - Pre-decree designation of ex-spouse as beneficiary of life insurance (a) If a decree of divorce or annulment is rendered after an insured has designated the insured's spouse as a beneficiary under a life insurance policy in force at the time of rendition, a provision in the policy in favor of the ...

Under Mississippi's Affidavit of Successor (Small Estate Affidavit) procedure, personal property owed to a deceased person with a value of up to $50,000 may be delivered to his or her heirs or successors by affidavit. The affidavit can be made at any time after 30 days have passed since the person's death.

Any person to whom payment, delivery, transfer or issuance is made shall be answerable and accountable to the personal representative of the estate, if any, or to any other person having a superior right.

Section 91-5-35 - Will devising real property admitted to probate as muniment of title only; petition signature; rights of interested parties unaffected (1) When a person dies testate owning at the time of death real property in the State of Mississippi and his will purports to devise such realty, then said will may be ...

Section 91-29-1 - Will provisions made before dissolution of marriage (a) In this section: (1) "Irrevocable trust" means a trust: (A) For which the trust instrument was executed before the dissolution of a testator's marriage; and (B) That the testator was not solely empowered by law or by the trust instrument to ...

Muniment of Title in a Nutshell Requires a Last Will and Testament that leaves real estate to someone else. Assets Covered: Real estate only. Dollar Limitations: The value of the decedent's personal estate in the state of Mississippi at the time of death cannot exceed $10,000.00.

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Mississippi Sworn Statement of Beneficiary of Estate and Consent to Close Estate - Uniform Probate Code