An Affidavit is a sworn, written statement of facts, signed by the 'affiant' (the person making the statement) before a notary public or other official witness. The affiant swears to the truth and accuracy of the statement contained in the affidavit. Where an estate is valued at less than $100,000, an interested party, as successor to the decedent, may, issue a small estate affidavit to collect or claim entitlement to the deceased property.
Yes, you can still use a Small Estate Affidavit even if there’s a will, as long as the estate’s value meets the requirements and all parties agree.
If someone contests the affidavit, the matter might end up in court. It’s like a can of worms; you're better off having everything in order to avoid complications.
Yes, a Small Estate Affidavit is recognized across California, including Long Beach. However, it’s always good to double-check local regulations.
Filling out a Small Estate Affidavit typically involves providing information about the deceased, listing their assets, and signing the document in front of a notary public. It’s a straightforward process!
Typically, an heir or a beneficiary of the deceased can use a Small Estate Affidavit, as long as the total value of the estate is under a certain limit set by the state.
A Small Estate Affidavit is a legal document that allows someone to inherit property without having to go through the longer and more complicated probate process. It's a simpler way to pass on assets.