Fulton Georgia Banking Affidavit of Surviving Relative - Intestate Estate

• Category: Georgia Probate - Small Estates
• State: Georgia
• County: Fulton
• Control #: GA-ET10
• Format: Word; Rich Text

Description

Pursuant to Georgia statute, O.C.G.A. Section 7-1-239, if the decedent had no will and the only asset is money deposited in a bank or other financial institution, and the amount is less than $15,000, an heir-at-law may claim those assets by completing this form. Letters of Administration are not required. The Fulton Georgia Banking Affidavit of Surviving Relative — Intestate Estate is a legal document pertaining to the division and distribution of an individual's assets and property in Fulton County, Georgia, in the event of their death without a valid will or testamentary document. This affidavit is specifically designed to address the need for a surviving relative to obtain control and access to the deceased person's banking accounts. The Banking Affidavit of Surviving Relative — Intestate Estate serves as proof of the relationship between the affine (surviving relative) and the deceased person, establishing their right to manage and distribute the estate according to state intestacy laws. Within Fulton County, Georgia, there are generally two types of Fulton Georgia Banking Affidavit of Surviving Relative — Intestate Estate, each serving a specific purpose: 1. Personal Bank Account Affidavit: This type of affidavit is used when the deceased person solely held personal bank accounts without any joint signatories or named beneficiaries. It enables the affine to gain control over the bank accounts to manage and distribute the funds according to the laws of intestate succession. 2. Business Bank Account Affidavit: In the case where the deceased person owned business accounts, this affidavit empowers the affine, who is typically a surviving spouse, child, or parent, to handle the business-related finances and transactions after the owner's passing. The process of obtaining a Fulton Georgia Banking Affidavit of Surviving Relative — Intestate Estate involves the following steps: 1. Gathering Required Information: The affine needs to collect vital information about the deceased person, such as their full name, date of death, address, and other relevant details. 2. Contacting the Bank: The affine must reach out to the bank where the deceased person held their accounts, informing them about the death and requesting information on the procedure for obtaining the affidavit. The bank will likely provide the necessary forms and guide the affine through the process. 3. Completing the Affidavit: The affine needs to complete the Banking Affidavit of Surviving Relative — Intestate Estate form, providing accurate information about the deceased person. They must also provide their own details as the affine, affirming their relationship to the decedent. 4. Notarization: The completed affidavit must be notarized to guarantee its authenticity and legality. The affine should seek the services of a notary public to witness their signature. 5. Submitting the Affidavit: The fully executed and notarized affidavit should be submitted to the bank along with any additional required documentation, such as a death certificate or proof of affine's identity. The affine may need to consult the bank for specific submission instructions. The Fulton Georgia Banking Affidavit of Surviving Relative — Intestate Estate is a vital legal instrument that streamlines the process of accessing and managing a deceased person's banking assets for the purpose of distributing them in accordance with the laws of intestacy. It provides the necessary legal framework for the affine to ensure a prompt and fair settlement of the estate, offering peace of mind during a challenging time.

The Fulton Georgia Banking Affidavit of Surviving Relative — Intestate Estate is a legal document pertaining to the division and distribution of an individual's assets and property in Fulton County, Georgia, in the event of their death without a valid will or testamentary document. This affidavit is specifically designed to address the need for a surviving relative to obtain control and access to the deceased person's banking accounts. The Banking Affidavit of Surviving Relative — Intestate Estate serves as proof of the relationship between the affine (surviving relative) and the deceased person, establishing their right to manage and distribute the estate according to state intestacy laws. Within Fulton County, Georgia, there are generally two types of Fulton Georgia Banking Affidavit of Surviving Relative — Intestate Estate, each serving a specific purpose: 1. Personal Bank Account Affidavit: This type of affidavit is used when the deceased person solely held personal bank accounts without any joint signatories or named beneficiaries. It enables the affine to gain control over the bank accounts to manage and distribute the funds according to the laws of intestate succession. 2. Business Bank Account Affidavit: In the case where the deceased person owned business accounts, this affidavit empowers the affine, who is typically a surviving spouse, child, or parent, to handle the business-related finances and transactions after the owner's passing. The process of obtaining a Fulton Georgia Banking Affidavit of Surviving Relative — Intestate Estate involves the following steps: 1. Gathering Required Information: The affine needs to collect vital information about the deceased person, such as their full name, date of death, address, and other relevant details. 2. Contacting the Bank: The affine must reach out to the bank where the deceased person held their accounts, informing them about the death and requesting information on the procedure for obtaining the affidavit. The bank will likely provide the necessary forms and guide the affine through the process. 3. Completing the Affidavit: The affine needs to complete the Banking Affidavit of Surviving Relative — Intestate Estate form, providing accurate information about the deceased person. They must also provide their own details as the affine, affirming their relationship to the decedent. 4. Notarization: The completed affidavit must be notarized to guarantee its authenticity and legality. The affine should seek the services of a notary public to witness their signature. 5. Submitting the Affidavit: The fully executed and notarized affidavit should be submitted to the bank along with any additional required documentation, such as a death certificate or proof of affine's identity. The affine may need to consult the bank for specific submission instructions. The Fulton Georgia Banking Affidavit of Surviving Relative — Intestate Estate is a vital legal instrument that streamlines the process of accessing and managing a deceased person's banking assets for the purpose of distributing them in accordance with the laws of intestacy. It provides the necessary legal framework for the affine to ensure a prompt and fair settlement of the estate, offering peace of mind during a challenging time.