An Affidavit is a sworn, written statement of facts, signed by the 'affiant' (the person making the statement) before a notary public or other official witness. The affiant swears to the truth and accuracy of the statement contained in the affidavit. This document, a Non-Probate Affidavit for Collection of Personal Property of Decedent , is a model affidavit for recording the type of information stated. It must be signed before a notary, who must sign and stamp the document. Adapt the text to fit your facts. Available for download now in standard format(s).
The Phoenix Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent is a legal document used for the efficient transfer of a deceased person's personal property to their rightful beneficiaries without going through the formal probate process. This affidavit streamlines the transfer by bypassing the need for court intervention, saving time and money for both the family and the court system. The affidavit is specifically designed for cases where the value of the personal property is below a certain threshold, usually $75,000. By utilizing this document, the legal heirs and beneficiaries can collect and distribute the personal belongings of the decedent without the need for a formal estate administration. There are two main types of Phoenix Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent: 1. Small Estate Affidavit: This is utilized when the total value of the personal property does not exceed $75,000. The affidavit must be signed by an interested party, such as a surviving spouse, heir, or a creditor of the estate, who is entitled to receive the property. It requires several essential details, such as the decedent's name, date of death, a description of the property, and a statement affirming that the property does not exceed the specified limit. 2. Affidavit for Collection of Personal Property belonging to the Decedent: This version is applicable when the deceased individual owned a motor vehicle, watercraft, or an outboard motor. Similar to the Small Estate Affidavit, it should be filed by an interested party entitled to collect the personal property. It also requires pertinent information such as the decedent's name, date of death, a description of the property, and a statement asserting the right to collect the assets. Both types of affidavits must be notarized and properly completed with accurate information. They are then submitted to the respective persons or entities, such as financial institutions, who hold the decedent's personal property. Upon acceptance and verification, the property can be released to the entitled beneficiaries, who can then proceed with their distribution according to the decedent's wishes or applicable laws. In summary, the Phoenix Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent is a valuable legal tool designed for expedited transfer of personal property, facilitating the distribution process of a decedent's assets.The Phoenix Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent is a legal document used for the efficient transfer of a deceased person's personal property to their rightful beneficiaries without going through the formal probate process. This affidavit streamlines the transfer by bypassing the need for court intervention, saving time and money for both the family and the court system. The affidavit is specifically designed for cases where the value of the personal property is below a certain threshold, usually $75,000. By utilizing this document, the legal heirs and beneficiaries can collect and distribute the personal belongings of the decedent without the need for a formal estate administration. There are two main types of Phoenix Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent: 1. Small Estate Affidavit: This is utilized when the total value of the personal property does not exceed $75,000. The affidavit must be signed by an interested party, such as a surviving spouse, heir, or a creditor of the estate, who is entitled to receive the property. It requires several essential details, such as the decedent's name, date of death, a description of the property, and a statement affirming that the property does not exceed the specified limit. 2. Affidavit for Collection of Personal Property belonging to the Decedent: This version is applicable when the deceased individual owned a motor vehicle, watercraft, or an outboard motor. Similar to the Small Estate Affidavit, it should be filed by an interested party entitled to collect the personal property. It also requires pertinent information such as the decedent's name, date of death, a description of the property, and a statement asserting the right to collect the assets. Both types of affidavits must be notarized and properly completed with accurate information. They are then submitted to the respective persons or entities, such as financial institutions, who hold the decedent's personal property. Upon acceptance and verification, the property can be released to the entitled beneficiaries, who can then proceed with their distribution according to the decedent's wishes or applicable laws. In summary, the Phoenix Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent is a valuable legal tool designed for expedited transfer of personal property, facilitating the distribution process of a decedent's assets.