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

• Category: California Probate - Small Estates
• State: California
• County: San Diego
• 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. San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 (also known as the Affidavit for Collection of Personal Property) is a legal document used to transfer assets of a deceased person with a total value of $166,250 or less, without going through the formal probate process. This affidavit allows the rightful heirs or beneficiaries to collect and distribute the decedent's personal property. The San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 is governed by the state's Probate Code Section 13100. This code provides a simplified procedure for transferring property in small estates, helping to reduce the time and expenses associated with probate. This type of affidavit is applicable in cases where the combined value of the decedent's real and personal property is under $166,250. It can be used by family members, beneficiaries, or any person legally entitled to inherit the property as an alternative to probate. To initiate the process, one must complete the San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 form, which includes providing detailed information about the deceased individual, their assets, and their beneficiaries or heirs. The form must be signed under penalty of perjury and notarized. After completing the form, it must be submitted to the appropriate parties such as financial institutions, government entities, or other entities holding the decedent's assets. The affidavit serves as evidence of the claimant's right to collect the property and distribute it to the appropriate individuals. It's important to note that there are no specific subtypes of San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250. However, it is essential to distinguish this particular affidavit from others that may be applicable in different situations, such as larger estates or estates with more complex assets. Overall, the San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 provides a simplified and cost-effective method to transfer assets in smaller estates, facilitating a faster distribution of the deceased individual's property to their rightful beneficiaries or heirs. It offers a viable alternative to traditional probate, benefiting those involved by saving time, money, and resources during an already difficult time.

San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 (also known as the Affidavit for Collection of Personal Property) is a legal document used to transfer assets of a deceased person with a total value of $166,250 or less, without going through the formal probate process. This affidavit allows the rightful heirs or beneficiaries to collect and distribute the decedent's personal property. The San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 is governed by the state's Probate Code Section 13100. This code provides a simplified procedure for transferring property in small estates, helping to reduce the time and expenses associated with probate. This type of affidavit is applicable in cases where the combined value of the decedent's real and personal property is under $166,250. It can be used by family members, beneficiaries, or any person legally entitled to inherit the property as an alternative to probate. To initiate the process, one must complete the San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 form, which includes providing detailed information about the deceased individual, their assets, and their beneficiaries or heirs. The form must be signed under penalty of perjury and notarized. After completing the form, it must be submitted to the appropriate parties such as financial institutions, government entities, or other entities holding the decedent's assets. The affidavit serves as evidence of the claimant's right to collect the property and distribute it to the appropriate individuals. It's important to note that there are no specific subtypes of San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250. However, it is essential to distinguish this particular affidavit from others that may be applicable in different situations, such as larger estates or estates with more complex assets. Overall, the San Diego California Affidavit for Collection of Personal Property — Probate Code Section 1310— - Small Estates under 166,250 provides a simplified and cost-effective method to transfer assets in smaller estates, facilitating a faster distribution of the deceased individual's property to their rightful beneficiaries or heirs. It offers a viable alternative to traditional probate, benefiting those involved by saving time, money, and resources during an already difficult time.

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