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A small estate affidavit is a legal document, in which the heir of an estate swears that the estate is a small estate and that another person owes money to the estate, or is in control of property owned by the estate.
How Do You Write An Oklahoma Affidavit? An affidavit must be in writing and state, under penalty of perjury, that the information contained therein is true and correct to the best of the affiant's knowledge. The affidavit should be dated and signed by the affiant and include the name, address and telephone number.
What Is An Affidavit Of Heirship in Oklahoma. Under Oklahoma law, successors (usually children) can file an affidavit of heirship if the deceased individual's estate qualified as a ?small estate.? The affidavit of heirship must contain specific information if its to be used to avoid the probate process.
In Oklahoma, an owner of real property can execute and record a TOD deed that identifies beneficiaries who will receive the property upon his or her death, without probate.
Under the Oklahoma small estate threshold, you may be able to use: Summary Probate Procedure: Can be used in cases where an estate is valued at less than $200,000; the decedent passed away five or more years ago; the decedent lived in another state at the time of his/her passing.
This Affidavit may be completed in lieu of presenting insurance verification for a motor vehicle that is not currently being operated upon public streets or highways, and will not be for the duration of the uninsured period.
The affidavit can be used whether the decedent had a last will and testament or not. But the total value of the Oklahoma estate of the decedent must be under $50,000. An ?estate,? as used in the statute, does not include any property that would not be subject to probate.
Under Oklahoma law, successors (usually children) can file an affidavit of heirship if the deceased individual's estate qualified as a ?small estate.? The affidavit of heirship must contain specific information if its to be used to avoid the probate process.