Get the up-to-date Form of Affidavit to be made for the purpose of determining the size of the bond required of the administrator 2025 now

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The document is an affidavit form used in Hudson County Surrogate's Court for determining the bond size required of an administrator for an intestate estate. It includes sections for the applicant to provide personal information, a list and valuation of the decedent's assets, and details about the debts owed by the estate. The affidavit must be sworn before a clerk, affirming that the stated values are accurate and that debts do not exceed these amounts.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a bond affidavit?

Bid Bond Affidavit. This document is an affidavit form that is drafted to serve as a statement wherein the person (Bidder) who signs it swears under penalty of perjury that the facts and information that are identified in this affidavit are true. This affidavit is in lieu of an insurance Bid Bond certificate.

How do I get a letter of administration in New York?

Answer: Letters of Administration must be obtained from the Surrogates Court in the county of the Decedents residence.

What is the waiver of citation renunciation and consent to appointment of administrator form?

A Waiver of Citation, Renunciation and Consent is a legal document that essentially states that you waive the legal requirement of being served (citation); that you renounce certain rights under his Will (such as being Executor, or receiving your share, so this is VERY important to read over carefully before signing) (

What is the threshold for probate in NY?

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.

How much does an estate have to be worth to go to probate in NY?

In New York, only estates valued higher than $50,000 need to pass through formal, full probate. The executor should keep in mind that the $50,000 total does not include all assets.

What is the limit for a small estate affidavit in NY?

New York law allows families of persons who die with personal property having a value of $50,000 or less to collect money and property of the decedent (the person who died) without court administration.

How long does it take to get a small estate affidavit approved?

Filing for a Small Estate If there is a Will, the Executor files the original Will and a certified death certificate with the small estate affidavit petition and other supporting documents in the Surrogates Court in the county where the Decedent had their primary residence.

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