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In this tutorial, attorney Steve Tracy discusses the differences between an affidavit of airship and probate. An affidavit of airship is a simple document used in certain states that declares a person as an heir to the deceased's property, usually bypassing the probate process for smaller estates. It operates under the assumption that if a will is not disclosed, the deceased's spouse or children will inherit their assets. In contrast, probate involves legal court proceedings to formally transfer ownership of property, typically required for more valuable estates. Tracy emphasizes that the affidavit is a more straightforward alternative, but its use is limited to specific jurisdictions and simpler cases.
