Delete Pages From Legal Texas Small Estates Forms For Free

Ing to Section 42.001 of the Texas Property Code, exempt assets for a married decedent include a homestead for the use and benefit of a surviving spouse or minor children and up to $100,000 worth of personal property that will be used for the benefit of a surviving spouse, minor children, unmarried children who ...

In Texas, however, a small estate affidavit is offered only where there is no will (also referred to as dying intestate) and for estates with a value of $75,000 or less. With some simple paperwork, your loved one's estate can be distributed without a costly court proceeding.

Cost Of The Small Estate Affidavit Procedure The clerk's filing fee for this procedure is usually about $475 in Texas. That is generally the only court expense.

In Texas, the small estate affidavit must be filed with the court and the court must approve the affidavit. After the court has approved the affidavit, it can be presented to a bank, organization or person, which then has to release the assets to the person with the affidavit.

Note: This Small Estate Affidavit needs to be signed by the two disinterested witnesses in front of a notary. The Court usually does not require a hearing on SEA applications, but in some circumstances the Court may require a hearing before a SEA will be approved.

A Small Estate Affidavit is a legal document that allows an executor or administrator to bypass the traditional probate process for small estates in Texas. It can be used if the value of the estate does not exceed a certain threshold (currently $75,000) and there are no complex legal issues to resolve.