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A small estate affidavit in Colorado is a sworn statement for those eligible to inherit assets below the state limit. It is an option for those with deceased relatives who did not have enough property for probate. Creditors can also use it to prove debts. This can involve various assets like bank accounts, jewelry, vehicles, and real estate. It is often used when there is no will, but some states allow it with a will under certain conditions. The document needs notary public attestation.