The South Carolina Affidavit for Collection of Personal Property Pursuant to Small Estate Proceedings is a document used to transfer personal property (assets) of a deceased person to their beneficiaries. This document is typically used when the deceased person has no will and the estate does not have to go through probate. It is also commonly used in situations where the deceased person's estate is relatively small and their assets can be easily distributed without a formal probate process. The South Carolina Affidavit for Collection of Personal Property Pursuant to Small Estate Proceedings is typically filed with the Probate Court in the county where the deceased person resided. The affidavit must include a list of the deceased person's assets and liabilities, as well as the names and addresses of the deceased person's beneficiaries. The affidavit is then used as proof that the assets and liabilities of the deceased person are being properly distributed to the beneficiaries. There are two types of South Carolina Affidavit for Collection of Personal Property Pursuant to Small Estate Proceedings: a “Short Form” and a “Long Form.” The Short Form is used when the deceased person's estate consists of fewer than five assets, and all the beneficiaries are adults. The Long Form is used when the deceased person's estate consists of more than five assets, and/or when at least one of the beneficiaries is a minor. In either case, the affidavit must be signed by the executor/administrator of the estate and each of the beneficiaries.
South Carolina Affidavit for Collection of Personal Property Pursuant to Small Estate Proceedings
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How to fill out South Carolina Affidavit For Collection Of Personal Property Pursuant To Small Estate Proceedings?
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