What is the Affidavit of Small Estate ?
First, ensure that the entire financial amount of the decedent’s estate does not exceed your state’s small estate limit.
Second, as certain whether the decedent left a Will. Small estate affidavits are often used when there is no Will. However, certain states may allow them to be used with a Will based on specific legal conditions.
Finally, the individual wanting to utilize the small estate affidavit may be obliged to wait a specified period before submitting the document. This is determined by state legislation and can last up to two months. To determine your eligibility, you should speak with an estate planning professional.
