Missouri Petition To Dispense With Administration is a legal document filed with the probate court when a person dies without a will and the estate is valued at $40,000 or less. It is used to avoid the time and expense of going through the formal probate process. The petitioner is usually the surviving spouse, a child of the decedent, or a creditor of the estate. There are two types of Missouri Petition To Dispense With Administration: 1) Small Estate Affidavit, and 2) Informal Administration. The Small Estate Affidavit is for estates valued at $40,000 or less and must be filed within three years of the decedent's death. The Informal Administration is for estates valued at $40,000 or more and involves the appointment of an estate administrator to handle the estate's affairs.
Missouri Petition To Dispense With Administration is a legal document filed with the probate court when a person dies without a will and the estate is valued at $40,000 or less. It is used to avoid the time and expense of going through the formal probate process. The petitioner is usually the surviving spouse, a child of the decedent, or a creditor of the estate. There are two types of Missouri Petition To Dispense With Administration: 1) Small Estate Affidavit, and 2) Informal Administration. The Small Estate Affidavit is for estates valued at $40,000 or less and must be filed within three years of the decedent's death. The Informal Administration is for estates valued at $40,000 or more and involves the appointment of an estate administrator to handle the estate's affairs.
