Delete sentence in the Small Estate Affidavit

Aug 6th, 2022
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How to delete sentence in the Small Estate Affidavit

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[Music] it can be confusing and overwhelming after a loved one passes away to try and sort out logistics one of which is dividing up their estate a small estate affidavit is a written document that allows the rightful heirs to inherit a deceased persons estate without going through the long and complicated probate process in maine an estate valued at less than forty thousand dollars is considered a small estate in this video well discuss how a small estate affidavit works requirements under maine state law and what steps you can take to file a petition before we start dont forget to hit that subscribe button for more videos by e-forms the worlds largest database of official legal documents and be sure to watch until the end of this video to find a link for a fillable form for small estate affidavits in maine first lets review how a small estate affidavit works a small estate affidavit allows the estate to bypass the probate process which involves going to court to figure out who g

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The small estate affidavit must show that the deceaseds estate is worth $75,000 or less, the estates assets cover any outstanding debts, and a few other requirements.
In Texas, the small estate affidavit must be filed with the court and the court must approve the affidavit. After the court has approved the affidavit, it can be presented to a bank, organization or person, which then has to release the assets to the person with the affidavit.
The form must include: The witnesses names and addresses. Relationships to the decedent. Decedents date of death. Decedents marital history. Decedents family history (children, grandchildren, parents, siblings, nieces/nephews)
Cost Of The Small Estate Affidavit Procedure The clerks filing fee for this procedure is usually about $475 in Texas. That is generally the only court expense. *(The free consultation does not cover actual review of documents or giving legal advice on a specific situation.)
The Court will review the affidavit to confirm that it complies with the statutory requirements. If the Court approves the affidavit, the heirs can use a certified copy of the affidavit of the estate to collect money the estate is owed or assets the estate owns.
Unlike the affidavit of heirship, the small estate affidavit only transfers the title of the decedents homestead. Only a surviving spouse or minor child can inherit property through this affidavit type. The other types of the deceased persons real property cannot be transferred by submitting a small estate affidavit.

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