Add Signature Field To Legal Nevada Small Estates Forms For Free

NRS 146.080 - Estates not exceeding certain amounts: Transfer of assets without issuance of letters of administration or probate of will; affidavit showing right to assets. 1. (k) That the affiant acknowledges an understanding that filing a false affidavit constitutes a felony in this State.

This transfer technically happens "as a function of law" when one owner dies. Even so, surviving spouses must initiate the process by recording an affidavit of death, accompanied by a certified copy of the death certificate, to terminate all title to or interest in real property of the deceased spouse.

In Nevada there is no time limit or statute of limitations to do a probate. However, it is possible for a stranger (no relation to the decedent) to start a probate. This may be done because a lawyer or realtor is looking to make a fee, or a creditor to get paid.

Nevada has a simplified probate proceeding for small estates, known as a ?Set Aside.? A Set Aside foregoes many of the formalities of a normal probate proceeding, which makes the process much quicker and simpler. Most Set Aside proceedings can be done 4-6 weeks, as opposed to 6-9 months for a normal probate proceeding.

Nevada's small estate affidavit process allows someone with a claim to personal property, known as the affiant, to obtain it, even if another person has a superior claim, so long as the person with the superior claim has been notified and not acted.

In Nevada, the law requires that assets worth more than $20,000 go through probate. There are many other factors that can affect how much an estate has to be worth in order for it to go through probate.