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

• Category: California Probate - Small Estates
• State: California
• County: Orange
• 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 Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 serves as a streamlined legal process for the transfer of personal property in small estates. This affidavit helps individuals, families, and beneficiaries avoid the time-consuming and expensive probate process in Orange County, California when the estate falls under the specified amount. Orange County offers different variations of this affidavit, including: 1. Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 with Real Property: This type of affidavit is applicable when the estate includes real property along with personal property. It enables the rightful recipient to collect both types of assets without initiating probate proceedings. 2. Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 without Real Property: Designed for estates solely composed of personal property, this affidavit allows heirs or beneficiaries to collect their portion without going through probate. Personal property can include bank accounts, vehicles, furniture, jewelry, or any other non-real estate assets. When utilizing the Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250, it is important to meet certain specifications: a. Eligibility: This affidavit is applicable only to estates valued below $166,250 in Orange County, California. b. No probate proceedings: To utilize this affidavit, there must be no ongoing probate proceedings or estate administration. It is specifically designed to bypass the probate process and facilitate a quicker transfer of assets. c. Affine requirements: The affine, or the person signing the affidavit, must be an entitled individual who is legally authorized to handle the decedent's property. d. Waiting period: A minimum of 40 days must have passed since the decedent's passing before utilizing this affidavit. e. No other assets: The estate must consist only of personal property, excluding any real estate holdings. f. Debts and liabilities: The decedent's debts and liabilities must be paid off or resolved from the estate before using this affidavit. By using the Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250, individuals can save time and expenses associated with probate proceedings, ensuring a faster and more efficient transfer of assets in line with California probate laws.

The Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 serves as a streamlined legal process for the transfer of personal property in small estates. This affidavit helps individuals, families, and beneficiaries avoid the time-consuming and expensive probate process in Orange County, California when the estate falls under the specified amount. Orange County offers different variations of this affidavit, including: 1. Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 with Real Property: This type of affidavit is applicable when the estate includes real property along with personal property. It enables the rightful recipient to collect both types of assets without initiating probate proceedings. 2. Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250 without Real Property: Designed for estates solely composed of personal property, this affidavit allows heirs or beneficiaries to collect their portion without going through probate. Personal property can include bank accounts, vehicles, furniture, jewelry, or any other non-real estate assets. When utilizing the Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250, it is important to meet certain specifications: a. Eligibility: This affidavit is applicable only to estates valued below $166,250 in Orange County, California. b. No probate proceedings: To utilize this affidavit, there must be no ongoing probate proceedings or estate administration. It is specifically designed to bypass the probate process and facilitate a quicker transfer of assets. c. Affine requirements: The affine, or the person signing the affidavit, must be an entitled individual who is legally authorized to handle the decedent's property. d. Waiting period: A minimum of 40 days must have passed since the decedent's passing before utilizing this affidavit. e. No other assets: The estate must consist only of personal property, excluding any real estate holdings. f. Debts and liabilities: The decedent's debts and liabilities must be paid off or resolved from the estate before using this affidavit. By using the Orange California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under $166,250, individuals can save time and expenses associated with probate proceedings, ensuring a faster and more efficient transfer of assets in line with California probate laws.

Law summary