Small Estate Affidavit California

• Category: California Probate - Small Estates
• State: California
• City: Escondido
• Control #: CA-ET10
• Format: Word; PDF; Rich Text

Description

Pursuant to California statute, if the value of an estate does not exceed $150,000 (in 2022, $184,500), and forty days have elapsed since the death of the decedent, an interested party may demand payment on any debts owed to the decedent through a small estate affidavit. The Escondido California Affidavit for Collection of Personal Property is a legal document that applies to small estates under the value of $166,250 as governed by Probate Code Section 13100. This affidavit serves as a simplified method to transfer property from the deceased person's estate to their beneficiaries or heirs without the need for probate court proceedings. There are no specific types of Escondido California Affidavit for Collection of Personal Property for different circumstances or scenarios. However, there may be variations in the information required depending on the specific details of the estate. Some relevant keywords related to this topic include: 1. Escondido California: Referring to the specific geographical location where this affidavit is relevant, indicating its applicability to properties within the Escondido jurisdiction. 2. Affidavit for Collection of Personal Property: Denoting the purpose of the document, which is to facilitate the collection and distribution of the deceased person's personal property. 3. Probate Code Section 13100: The legal section within the Probate Code that governs the rules and requirements for utilizing this affidavit, emphasizing its legal basis. 4. Small Estates: A term indicating that this affidavit is applicable to estates valued below a certain threshold, namely $166,250 in this case, thereby categorizing it for less complex estate situations. 5. Transfer of Property: Highlighting the main objective of the affidavit, which is to enable the smooth transfer of the deceased person's property to their designated beneficiaries or heirs. 6. Simplified Method: Emphasizing the streamlined approach provided by this affidavit, ensuring that the estate administration process is less cumbersome compared to traditional probate proceedings. 7. Beneficiaries or Heirs: Referring to the individuals entitled to receive the property under the estate plan or California law, emphasizing the importance of identifying and designating them accurately in the affidavit. 8. Probate Court Proceedings: Indicating the legal process generally required for administering estates, which is avoided through the use of this affidavit, saving time and expenses. Overall, the Escondido California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 offers a simple and efficient method for transferring property in smaller estates, allowing beneficiaries or heirs to receive their inheritance without the need for probate court involvement.

The Escondido California Affidavit for Collection of Personal Property is a legal document that applies to small estates under the value of $166,250 as governed by Probate Code Section 13100. This affidavit serves as a simplified method to transfer property from the deceased person's estate to their beneficiaries or heirs without the need for probate court proceedings. There are no specific types of Escondido California Affidavit for Collection of Personal Property for different circumstances or scenarios. However, there may be variations in the information required depending on the specific details of the estate. Some relevant keywords related to this topic include: 1. Escondido California: Referring to the specific geographical location where this affidavit is relevant, indicating its applicability to properties within the Escondido jurisdiction. 2. Affidavit for Collection of Personal Property: Denoting the purpose of the document, which is to facilitate the collection and distribution of the deceased person's personal property. 3. Probate Code Section 13100: The legal section within the Probate Code that governs the rules and requirements for utilizing this affidavit, emphasizing its legal basis. 4. Small Estates: A term indicating that this affidavit is applicable to estates valued below a certain threshold, namely $166,250 in this case, thereby categorizing it for less complex estate situations. 5. Transfer of Property: Highlighting the main objective of the affidavit, which is to enable the smooth transfer of the deceased person's property to their designated beneficiaries or heirs. 6. Simplified Method: Emphasizing the streamlined approach provided by this affidavit, ensuring that the estate administration process is less cumbersome compared to traditional probate proceedings. 7. Beneficiaries or Heirs: Referring to the individuals entitled to receive the property under the estate plan or California law, emphasizing the importance of identifying and designating them accurately in the affidavit. 8. Probate Court Proceedings: Indicating the legal process generally required for administering estates, which is avoided through the use of this affidavit, saving time and expenses. Overall, the Escondido California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 offers a simple and efficient method for transferring property in smaller estates, allowing beneficiaries or heirs to receive their inheritance without the need for probate court involvement.

Law summary