Annotate Legal Oklahoma Heirship Affidavits Forms For Free

If you have no will, the laws of intestate succession apply. ing to the laws of intestate succession in Oklahoma, one half of all property goes to the spouse and the other half goes to your children.

The statute allowing for an affidavit of tangible personal property to transfer an estate's personal assets also allows for an affidavit of death and heirship to transfer severed mineral interests to an heir. The affidavit must be filed with the county clerk in the county where the property is located.

An affidavit of known heirs can be used when the amount of ?aggregate deposits held in single ownership in the name of the deceased? at the institution is less than $50,000.

In Oklahoma, the district court judge will appoint a personal representative for probating the estate if the deceased dies without a will or the will doesn't name and Executor. This responsible party is appointed at a hearing for the sole purpose of carrying out certain duties.

The small estate affidavit form must be completed and signed by the deceased's spouse, heir, or executor. It must also be notarized. It really should not be looked at as an alternative to the probate process, as much as it is option available where total assets are under $50,000.

Oklahoma law defines a small estate as an estate in which the value of the estate property in Oklahoma, owned by the decedent and subject to disposition by will or intestate succession, minus liens and encumbrances, is less than $50,000. You are the successor in interest to the decedent's estate.