Once submitted, the heirs can start transferring the assets to their names. It's like getting the keys to the treasure chest left by the loved one who’s passed on.
Not necessarily! Many folks handle it on their own without a lawyer. However, if you feel overwhelmed, getting some legal advice can be helpful.
Typically, the process can be wrapped up quickly, often within a few weeks, depending on how fast you can gather the required documents and get the affidavit notarized.
Filling it out is straightforward! You’ll need to gather information about the deceased, their assets, and then fill in the details on the affidavit form, signing it in front of a notary.
To be eligible, the estate must be valued below a certain threshold, and there should be no real estate involved. Plus, you must provide proof of your relationship to the deceased.
In Irvine, generally, the heirs or successors of the deceased can use the Small Estate Affidavit, provided the total value of the estate falls below a specific limit set by California law.
A Small Estate Affidavit is a simple legal document that helps settle someone's estate when they pass away, and their belongings are worth a certain amount or less, making it easier for the heirs to claim what's rightfully theirs.