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A small estate affidavit, also known as an affidavit for collection of personal property, allows a person to transfer and take responsibility for the decedent's assets like bank accounts, jewelry, art, and vehicles. It is a quick way for spouses or children of the deceased to avoid a long probate process. The procedure varies by state, but generally, it is possible if the decedent died intestate, the estate is below a certain amount set by state law, and a waiting period is observed. The affidavit requires a copy of the death certificate and signed attestation from each distributee.
