Complete Legal Oklahoma Small Estates Forms For Free

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.

An Oklahoma small estate affidavit is a document that is used by a person to claim a right to the property of a deceased person, known as a decedent. The filer, known as the ?affiant?, has to file this affidavit with the individual or entity that has control over the property itself.

Oklahoma permits the distribution of a small estate without probate, if the estate is worth $50,000 or less in total. There are two ways to avoid probate using affidavits in Oklahoma - one for financial accounts, one for personal property. The first type of "Small Estate Affidavit" allowed in Oklahoma?

The total value of all assets must be less than $50,000, and the deceased must have resided in the state where the affidavit is filed for at least the last six months of their life. The small estate affidavit form must be completed and signed by the deceased's spouse, heir, or executor. It must also be notarized.

There are several requirements that must be met in order to use a small estate affidavit. The total value of all assets must be less than $50,000, and the deceased must have resided in the state where the affidavit is filed for at least the last six months of their life.

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.