Small
Estate Affidavit
What if you
forget minor items of property or it is not convenient to
transfer all your property such as your checking account or
car? $100,000 or less of personal property can be
transferred to your heirs or the beneficiaries of your will
without probate by means of a small estate affidavit. This
is an affidavit by a survivor which states what property is
in your estate (outside the trust or without beneficiary
designation), what debts still must be paid, and who is
entitled to the property. This authorizes banks and others
to release the property to the persons indicated in the
affidavit without court intervention.
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