Virginia small estate affidavit 2025

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  1. Click ‘Get Form’ to open the Virginia Small Estate Affidavit in our editor.
  2. Begin by filling in the name of the Decedent and the date of death in the designated fields. Ensure accuracy as this information is crucial for processing.
  3. Identify and describe the small asset, selecting from options like bank accounts or tangible personal property. Provide any additional details required by the recipient.
  4. Confirm that the total value of the Decedent’s estate does not exceed $50,000 and that at least 60 days have passed since their death.
  5. Indicate if a personal representative has been appointed and whether a will exists. This section helps clarify your legal standing.
  6. List all successors entitled to the small asset, including their names and addresses. If necessary, attach additional pages for more successors.
  7. Designate one successor to receive payment on behalf of all successors, ensuring they understand their fiduciary duties.
  8. Finally, all successors must sign at the bottom of the affidavit. Ensure signatures are clear and legible for validation.

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A Small Estate Affidavit is a legal form used to manage and distribute a deceased persons estate without going through long court processes. It works best when the total value of the estate falls below a certain limit set by state law.
If you meet the following criteria, you may be eligible to use the Small Estate Affidavit pursuant to 64.2-601. Payment or delivery of small asset by affidavit: The entire personal estate not including real estate is less than $75,000. 60 days have elapsed since the date of death.
Further, the probate process can take anywhere between several months to several years. If the estate in question is eligible, a small estate affidavit can help a family skip through this entire process. Ideally, a small estate affidavit can get approved in just a few days, or a few weeks at most.