Wyoming Affidavit as to Heirship of (Name of Person), Deceased (With Corroborating Affidavit)
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FAQ
The probate process can take up a large part of a year, although Wyoming law requires that probate be completed within one year of the PR's appointment unless there is good cause for delay.
Simplified Probate: Summary Procedure You can use summary procedure in Wyoming if the value of the entire estate, including real estate and mineral interests, less liens and encumbrances, is $200,000 or less. You must wait 30 days after the death before using this procedure.
Under Wyoming statute, where as estate is valued at less than $200,000, an interested party may, thirty (30) days after the death of the decedent, file with the county clerk a small estate affidavit. A certified copy of this affidavit can be used to demand payment from any party who owes a debt to the decedent.
Ownership by two or more persons with a right of survivorship. When one joint tenant dies, the other joint tenants automatically receive the deceased owner's share of the property.
A probate will be necessary to transfer the decedent's estate to the heir if the decedent owned assets there were: Located in Wyoming. Worth more than $200,000 (as of the writing of this article, not counting mortgages and other encumbrances) Held in the decedent's sole name, rather than in a trust or joint tenancy.
A Wyoming small estate affidavit, or 'Wyoming Affidavit of Collection of Estate Assets', is a form that may be used to shorten the process for settling the estate of a deceased resident (decedent). Thirty (30) days must pass after the death before the affidavit can be used.
A Wyoming small estate affidavit is a document that speeds up the settlement of a recently deceased person's estate, as long as the value of the entire estate is less than $200,000. This form is generally referred to as the Application for a Decree of Summary Distribution of Property.
A small estate could comprise of assets worth less than around £10,000. This would mean they wouldn't own their house and any assets they do have would be items left after passing.