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However, to open a probate matter in Oklahoma Probate Court, you will need to complete the Petition for Probate and the Affidavit of Mailing. You will also need to pay the filing fee. You will also need to present a copy of the death certificate.
In Oklahoma, you can make a living trust to avoid probate for virtually any asset you own?real 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).
The court will issue Letters of Administration if there is no will. This appoints the person who will administer the estate. The family can agree on one or more people and in most cases the Court will do what the family agrees on.
Some of the Oklahoma probate documents needed to start an Oklahoma Probate: Original Will. ... Make a list of all creditors. ... List of insurance agents, financial advisors, etc? ... All surviving family members. ... Notify the Social Security Administration. Cancel their driver's license and passport. Cancel any club memberships.
If the cumulative value of a deceased person's probate personal property (not including real estate) that would otherwise go through probate court is less than $50,000, that probate property can be obtained by the deceased person's successors by the use of a Small Estates Affidavit and thus avoid probate.
Oklahoma Probate Procedure Filing a Petition begin the Oklahoma Probate Procedure. Notice of Hearing must be given to all interested parties. Hearing on Petition naming Personal Representative or Executor. The Court will issue Letters of Administration appointing a Personal Representative or Executor. Notice to Creditors.
Your Oklahoma Probate Will is an important document that should be done by an Oklahoma attorney. There are certain rules that must be followed when making out this document.
The full probate procedure in Oklahoma is used if an estate is worth over $200,000. The simplified probate procedure may be available for estates worth less than $200,000.