The South Carolina Affidavit of Distribution for Personal Property is a legal document used by individuals to transfer ownership of personal property without going through the probate process. This document is used when a deceased individual dies without a will and all heirs are in agreement on the division of the decedent’s property. The affidavit must be signed by all heirs involved in the division of the estate, and must be notarized by a notary public. There are two types of South Carolina Affidavit of Distribution for Personal Property: the Small Estate Affidavit and the Joint Tenancy Affidavit. The Small Estate Affidavit is used when the decedent’s estate was valued at $25,000 or less at the time of their death. The Joint Tenancy Affidavit is used when the decedent’s estate was valued at more than $25,000. Both types of affidavits require the same information, including the name of the decedent, a list of all heirs and their addresses, and a list of all the property to be distributed.
The South Carolina Affidavit of Distribution for Personal Property is a legal document used by individuals to transfer ownership of personal property without going through the probate process. This document is used when a deceased individual dies without a will and all heirs are in agreement on the division of the decedent’s property. The affidavit must be signed by all heirs involved in the division of the estate, and must be notarized by a notary public. There are two types of South Carolina Affidavit of Distribution for Personal Property: the Small Estate Affidavit and the Joint Tenancy Affidavit. The Small Estate Affidavit is used when the decedent’s estate was valued at $25,000 or less at the time of their death. The Joint Tenancy Affidavit is used when the decedent’s estate was valued at more than $25,000. Both types of affidavits require the same information, including the name of the decedent, a list of all heirs and their addresses, and a list of all the property to be distributed.
