Downey, California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 is a legal document that enables the simplified transfer of personal property of a deceased individual, without the need for a formal probate process. This affidavit is specifically applicable in Downey, California and falls under the provisions of Probate Code Section 13100. The Affidavit for Collection of Personal Property is used when the total value of the deceased individual's personal property does not exceed $166,250, excluding real estate assets. This streamlined procedure allows for a quicker and more efficient transfer of assets to the rightful beneficiaries, avoiding the often lengthy and costly probate process. By filing the Downey, California Affidavit for Collection of Personal Property, the affine (the person filling out and signing the affidavit) affirms under penalty of perjury that they are entitled to receive the property, and that the estate meets the requirements outlined in Probate Code Section 13100. It is important to note that if the total value of the personal property exceeds $166,250, this specific affidavit cannot be used, and the regular probate process will need to be initiated. Different types of Downey, California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 may include variations based on the specific circumstances of the deceased individual's estate. However, the underlying purpose and requirements generally remain the same. Keywords: Downey, California, Affidavit for Collection of Personal Property, Probate Code Section 13100, Small Estates, $166,250, legal document, transfer of assets, probate process, streamlined procedure, beneficiaries, perjury, affine.
Downey California Affidavit for Collection of Personal Property - Probate Code Section 13100 - Small Estates under $184,500
Category:
State:
California
City:
Downey
Control #:
CA-ET10
Format:
Word;
PDF;
Rich Text
Instant download
Description
Pursuant to California statute, if the value of an estate does not exceed $150,000 (in 2022, $184,500), and forty days have elapsed since the death of the decedent, an interested party may demand payment on any debts owed to the decedent through a small estate affidavit.
Downey, California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 is a legal document that enables the simplified transfer of personal property of a deceased individual, without the need for a formal probate process. This affidavit is specifically applicable in Downey, California and falls under the provisions of Probate Code Section 13100. The Affidavit for Collection of Personal Property is used when the total value of the deceased individual's personal property does not exceed $166,250, excluding real estate assets. This streamlined procedure allows for a quicker and more efficient transfer of assets to the rightful beneficiaries, avoiding the often lengthy and costly probate process. By filing the Downey, California Affidavit for Collection of Personal Property, the affine (the person filling out and signing the affidavit) affirms under penalty of perjury that they are entitled to receive the property, and that the estate meets the requirements outlined in Probate Code Section 13100. It is important to note that if the total value of the personal property exceeds $166,250, this specific affidavit cannot be used, and the regular probate process will need to be initiated. Different types of Downey, California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 may include variations based on the specific circumstances of the deceased individual's estate. However, the underlying purpose and requirements generally remain the same. Keywords: Downey, California, Affidavit for Collection of Personal Property, Probate Code Section 13100, Small Estates, $166,250, legal document, transfer of assets, probate process, streamlined procedure, beneficiaries, perjury, affine.
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