Small Estate Affidavit California 2017
What is small estate affidavit california 2017?
A small estate affidavit, also known as a Declaration for Collection of Personal Property, is a legal document that allows a successor of a deceased person to claim the assets of the estate without going through probate. In California, the Small Estate Affidavit for estates under $166,250 as of 2017 can be used to transfer personal property to the rightful heirs.
What are the types of small estate affidavit california 2017?
There are two types of small estate affidavit in California for 2017: 1. Affidavit for Collection of Personal Property: This type is used when the total value of the estate, excluding real property, is $166,250 or less. 2. Affidavit for Real Property of Small Value: This type is used when the estate includes a small amount of real property valued at $50,000 or less.
How to complete small estate affidavit california 2017
To complete a small estate affidavit in California for 2017, follow these steps: 1. Obtain the appropriate small estate affidavit form for your specific situation. 2. Gather all necessary information about the estate and assets. 3. Fill out the form with accurate information, including the deceased person's name, date of death, and description of the property. 4. Sign the affidavit in the presence of a notary public. 5. File the completed affidavit with the probate court or appropriate county office, along with any required supporting documents. 6. Pay any necessary filing fees. 7. Wait for the court to review and approve the affidavit. 8. Once approved, you can collect and distribute the assets of the estate according to the terms of the affidavit.
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