Title: Comprehensive Guide to Aurora, Colorado Instructions for Completing Small Estate Affidavit for the Collection of Personal Property Introduction: Located in the eastern part of the Denver metropolitan area, Aurora, Colorado is a diverse and vibrant city renowned for its scenic beauty and bustling economy. If you find yourself in the position of needing to complete a Small Estate Affidavit for the Collection of Personal Property, this detailed guide will assist you in understanding the process and requirements specific to Aurora, Colorado. Read on to discover the various types of Small Estate Affidavits applicable in this jurisdiction and how to properly navigate through them. Types of Aurora Colorado Instructions for Completing Small Estate Affidavit for the Collection of Personal Property: 1. Aurora Colorado Small Estate Affidavit for Collecting Personal Property without Appointed Representative: This type of affidavit is used when the deceased person's estate does not exceed a certain value threshold (which varies by state) and no formal estate administration is necessary. The instructions below outline the steps to follow for completing this type of affidavit. 2. Aurora Colorado Small Estate Affidavit for Collecting Personal Property with Appointed Representative: In cases where a representative is appointed to administer the estate, this specific affidavit is utilized. The appointed representative must follow these instructions to ensure the proper collection of the deceased person's personal property. Step-by-Step Instructions for Completing Aurora Colorado Small Estate Affidavit for the Collection of Personal Property: 1. Gather Essential Information: Collect all necessary details about the deceased person, including their full legal name, date of death, and last-known address. Additionally, gather information about the value and nature of the personal property in question. This information will need to be accurately provided in the affidavit. 2. Determine Eligibility: Ensure that the estate falls within the specified value limit for utilizing the Small Estate Affidavit process. In Aurora, Colorado, the current limit is $70,000. If the estate exceeds this amount, alternative probate proceedings may be required. 3. Obtain the Affidavit Form: Visit the official website of the Colorado Judicial Branch or the Aurora County Clerk's office to access the Small Estate Affidavit form. Download and print the appropriate form based on your specific circumstances. 4. Complete the Affidavit Form: Following the provided form's instructions, accurately fill in the required information concerning the deceased person, the estate value, and the appointed representative (if applicable). Provide detailed descriptions of the personal property to be collected, ensuring clarity and transparency. 5. Notarize the Affidavit: Take the completed affidavit form to a notary public, who will witness your signature and affix their official seal. It is crucial to bring valid identification documents as required by Colorado law. 6. File and Serve the Affidavit: Submit the notarized affidavit to the Aurora County Clerk's office along with any supporting documents, such as a certified copy of the death certificate. Serve a copy of the completed affidavit to all interested parties, including heirs, beneficiaries, creditors, and any other relevant individuals. Conclusion: Navigating the process of completing a Small Estate Affidavit for the Collection of Personal Property in Aurora, Colorado may seem daunting at first, but adhering to these instructions will help streamline your efforts. Whether you require a Small Estate Affidavit without an appointed representative or with one, closely follow the steps outlined above to ensure a smooth and efficient process, all while successfully collecting the personal property of the deceased.
Aurora Colorado Instructions For Completing Small Estate Affidavit For The Collection Of Personal Property
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Code §§ 13100-13116, the person(s) entitled to the property may present a Small Estate Affidavit, commonly known as an Affidavit for Collection of Personal Property, to the person or institution having custody of the property, requesting that the property be delivered or transferred to the successor.
Colorado has a simplified probate process for small estates. To use it, an executor files a written request with the local probate court asking to use the simplified procedure. The court may authorize the executor to distribute the assets without having to jump through the hoops of regular probate.
A Colorado small estate affidavit is a legal document that can help someone collect property that is owed to them and that formerly belonged to a person who died (a ?decedent.?) The process is also called a 'Collection of Personal Property by Affidavit,' and it is useful because it allows successors or heirs to avoid a
Step 1 ? Wait Ten Days. At least ten (10) days must pass before completing a Colorado small estate affidavit. Step 2 ? Ensure Eligibility.Step 3 ? Fill out Form JDF 999.Step 4 ? Distribute assets.
The fair market value of property owned by the decedent and subject to the disposition by will or intestate succession at the time of his or her death, wherever that property is located, less liens and encumbrances, does not exceed seventy thousand dollars ($70,000).
Probate Code §§ 13100 ? 13115 provide for a summary procedure to transfer the personal property of a decedent without going through a probate action if the decedent's estate is valued at less than $150,000 and at least forty (40) days have elapsed since the death of the decedent.
California Small Estate Affidavit (Affidavit for Collection of Personal Property) Create a high quality document online now! A California small estate affidavit, or ?Petition to Determine Succession to Real Property,? is used by the rightful heirs to an estate of a person who died (the ?decedent?).
Generally, a small estate is one that contains no property and only a small amount of money. Property is usually the most valuable asset in an estate, so not owning property significantly reduces the size of the estate.
In Colorado, a small estate is defined as an estate that is worth less than $70,000 (as of 2020) in personal property and that has no real property. With a small estate, devisees and heirs can collect assets after completing a small estate affidavit, instead of needing to begin a case with the probate court.