Inglewood California Affidavit for Collection of Personal Property - Probate Code Section 13100 - Small Estates under $184,500

State:
California
City:
Inglewood
Control #:
CA-ET10
Format:
Word; 
PDF; 
Rich Text
Instant download

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 Inglewood California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 is a legal document used in cases where a deceased person's estate qualifies as a small estate and the value of the estate does not exceed $166,250. This affidavit is used to collect and distribute the deceased person's personal property without going through a formal probate process. The Inglewood California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 allows the appointed person, usually a surviving spouse or a nominated representative, to claim and distribute the personal property of the deceased person without the need for a full probate administration. It provides a simplified way to transfer assets to the rightful beneficiaries and streamline the process in cases where the estate is relatively small. Some relevant keywords associated with the Inglewood California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 include: 1. Inglewood California: Refers to the specific geographic location where this affidavit is applicable, in this case, the city of Inglewood, California. 2. Affidavit: A written statement made under oath or affirmation, declaring specific facts to be true and accurate to the best knowledge of the person making the affidavit. 3. Collection of Personal Property: The process of gathering and distributing the personal belongings and assets owned by the deceased person. 4. Probate Code Section 13100: Refers to the specific section of the California Probate Code that allows for the use of this affidavit in small estate cases. 5. Small Estates: Estates with a total value that falls below a certain threshold, in this case, $166,250. Small estates are generally exempted from the lengthy and expensive probate process. 6. Beneficiaries: Individuals who have a rightful claim to receive the assets and personal property of the deceased person as outlined in the will or based on California's intestate succession laws. 7. Probate Administration: The formal court-supervised process of validating a will, paying off debts, and distributing the assets and personal property of the deceased person. By using the Inglewood California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250, individuals can save time and money by avoiding the complexities of a full probate administration. It is important to consult with a legal professional to ensure proper execution and understanding of this affidavit to avoid potential complications or disputes.

The Inglewood California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 is a legal document used in cases where a deceased person's estate qualifies as a small estate and the value of the estate does not exceed $166,250. This affidavit is used to collect and distribute the deceased person's personal property without going through a formal probate process. The Inglewood California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 allows the appointed person, usually a surviving spouse or a nominated representative, to claim and distribute the personal property of the deceased person without the need for a full probate administration. It provides a simplified way to transfer assets to the rightful beneficiaries and streamline the process in cases where the estate is relatively small. Some relevant keywords associated with the Inglewood California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 include: 1. Inglewood California: Refers to the specific geographic location where this affidavit is applicable, in this case, the city of Inglewood, California. 2. Affidavit: A written statement made under oath or affirmation, declaring specific facts to be true and accurate to the best knowledge of the person making the affidavit. 3. Collection of Personal Property: The process of gathering and distributing the personal belongings and assets owned by the deceased person. 4. Probate Code Section 13100: Refers to the specific section of the California Probate Code that allows for the use of this affidavit in small estate cases. 5. Small Estates: Estates with a total value that falls below a certain threshold, in this case, $166,250. Small estates are generally exempted from the lengthy and expensive probate process. 6. Beneficiaries: Individuals who have a rightful claim to receive the assets and personal property of the deceased person as outlined in the will or based on California's intestate succession laws. 7. Probate Administration: The formal court-supervised process of validating a will, paying off debts, and distributing the assets and personal property of the deceased person. By using the Inglewood California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250, individuals can save time and money by avoiding the complexities of a full probate administration. It is important to consult with a legal professional to ensure proper execution and understanding of this affidavit to avoid potential complications or disputes.

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Inglewood California Affidavit for Collection of Personal Property - Probate Code Section 13100 - Small Estates under $184,500