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

• Category: California Probate - Small Estates
• State: California
• City: Oceanside
• 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 Oceanside California Affidavit for Collection of Personal Property is a legal document that provides a simplified method of distributing assets from small estates under $166,250 in value, as allowed under Probate Code Section 13100. This affidavit is commonly used in Oceanside, California, and helps streamline the probate process for qualifying estates. Under this code section, there are different types of Oceanside California Affidavit for Collection of Personal Property for small estates under $166,250. They include: 1. Regular Oceanside California Affidavit for Collection of Personal Property — This type of affidavit is used for estates in which the total gross value of personal property does not exceed $166,250. 2. Spousal Oceanside California Affidavit for Collection of Personal Property — Specifically designed for surviving spouses, this affidavit allows the transfer of assets from small estates under $166,250 without the need for formal probate proceedings. It simplifies the process for spouses inheriting the property of their deceased partner. 3. Joint Tenant Oceanside California Affidavit for Collection of Personal Property — This affidavit is applicable when the small estate under $166,250 is held in joint tenancy. It facilitates the smooth transfer of property to the surviving joint tenant without requiring probate. 4. Community Property Oceanside California Affidavit for Collection of Personal Property — For married couples in California, community property laws govern the ownership of assets acquired during the marriage. This affidavit is used when the surviving spouse needs to transfer community property assets from a small estate under $166,250 without going through probate. These different types of affidavits cater to specific circumstances and provide a straightforward method for collecting and distributing personal property from small estates in Oceanside, California. They aim to reduce the burden of probate proceedings for eligible estates, offering a simplified and efficient process for heirs to access their inheritance.

The Oceanside California Affidavit for Collection of Personal Property is a legal document that provides a simplified method of distributing assets from small estates under $166,250 in value, as allowed under Probate Code Section 13100. This affidavit is commonly used in Oceanside, California, and helps streamline the probate process for qualifying estates. Under this code section, there are different types of Oceanside California Affidavit for Collection of Personal Property for small estates under $166,250. They include: 1. Regular Oceanside California Affidavit for Collection of Personal Property — This type of affidavit is used for estates in which the total gross value of personal property does not exceed $166,250. 2. Spousal Oceanside California Affidavit for Collection of Personal Property — Specifically designed for surviving spouses, this affidavit allows the transfer of assets from small estates under $166,250 without the need for formal probate proceedings. It simplifies the process for spouses inheriting the property of their deceased partner. 3. Joint Tenant Oceanside California Affidavit for Collection of Personal Property — This affidavit is applicable when the small estate under $166,250 is held in joint tenancy. It facilitates the smooth transfer of property to the surviving joint tenant without requiring probate. 4. Community Property Oceanside California Affidavit for Collection of Personal Property — For married couples in California, community property laws govern the ownership of assets acquired during the marriage. This affidavit is used when the surviving spouse needs to transfer community property assets from a small estate under $166,250 without going through probate. These different types of affidavits cater to specific circumstances and provide a straightforward method for collecting and distributing personal property from small estates in Oceanside, California. They aim to reduce the burden of probate proceedings for eligible estates, offering a simplified and efficient process for heirs to access their inheritance.

Law summary