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).
Scottsdale Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent is a legal document used in the state of Arizona to simplify the process of transferring personal property from a deceased individual to their chosen beneficiaries or heirs without the need for probate court involvement. This affidavit can be an efficient alternative to the formal probate process, especially for estates with a relatively small value. The Scottsdale Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent allows the appointed individual (affine) to gather and distribute the decedent's personal property, such as bank accounts, vehicles, household items, or other tangible assets that do not require court supervision. The affine is generally a family member or a trusted individual designated by the decedent before their death. The Scottsdale Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent requires specific information, including the affine's contact details, relationship to the decedent, and a detailed inventory of the assets to be collected. It is crucial to provide accurate information to prevent any legal complications during the transfer process. It's important to note that there are different types of Nonprobate Affidavits available in Scottsdale, Arizona, tailored to specific circumstances. These may include: 1. Small Estate Affidavit: This affidavit is used when the total value of the decedent's Arizona personal property is less than a certain threshold (currently $75,000). It streamlines the process for transferring assets without the involvement of probate court. 2. Affidavit of Successor: This type of affidavit is suitable when the decedent made a written designation, such as a payable-on-death (POD) or transfer-on-death (TOD) beneficiary, on certain assets like bank accounts or securities. The affine can present this affidavit to the financial institution or entity holding the asset to claim ownership. 3. Affidavit for Collection of Personal Property Pursuant to Small Estate Waiver: This affidavit is used when the decedent's personal property doesn't exceed $100,000 in value and a six-month waiting period has elapsed since the decedent passed away. It allows the affine to collect and distribute the assets without court involvement, provided certain requirements are met. In conclusion, the Scottsdale Arizona Nonprobate Affidavit for Collection of Personal Property of Decedent is a valuable legal document that simplifies the process of transferring personal property to beneficiaries without the need for probate court. It offers different types of affidavits tailored to specific circumstances such as small estates or assets with designated beneficiaries. It is essential to provide accurate information and comply with the requirements outlined by the State of Arizona to ensure a smooth transfer of assets.
