Mississippi Small Estate Affidavit MISSISSIPPI SMALL ESTATE AFFIDAVIT I We Heir s or Successor s upon being duly sworn state upon my our oath and personal knowledge the following 1 A Decedent SS died on in County Mississippi at the age of years A copy of the death certificate of the decedent is attached hereto as Exhibit 2
Under Mississippi s Affidavit of Successor Small Estate Affidavit procedure personal property owed to a deceased person with a value of up to 50 000 may be delivered to his or her heirs or successors by affidavit The affidavit can be made at any time after 30 days have passed since the person s death AFFIDAVIT OF SMALL ESTATE PURSUANT TO SECTION 91 7 322 OF THE MISSISSIPPI CODE ANNOTATED 1972 AS AMENDED STATE OF MISSISSIPPI COUNTY OF DESOTO This day personally appeared before me Affiant of lawful age being first duly sworn and upon oath states the following
Mississippi Small Estate Affidavit
Mississippi Small Estate Affidavit
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Affidavit Form Mississippi AffidavitForm
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By William Mullennix May 10 2021 Estate Pursuant to Section 91 7 322 of the Mississippi Code persons are allowed to file a small estate affidavit But in 2020 the amount of estate permitted increased The total amount of the Estate now may be up to 75 000 00 All other elements of the statute remain the same including According to Mississippi s statutes Sections 81 5 63 81 12 135 81 12 137 and 91 7 323 the small estate affidavit allows family or other successors to apply for ownership of a decedent s real estate If the estate values less than 75 000 then successors may file the affidavit when 30 days have passed after a decedent s passing
1 Small Estate Affidavit Some States allow an affidavit to be executed by the spouse and or heirs of the deceased and present the affidavit to the holder of property such as a bank to obtain property of the deceased Other states require that the affidavit be filed with the Court Claiming Property With a Simple Small Estate Affidavit Mississippi has a procedure that allows inheritors to skip probate altogether when the value of all the assets left behind is less than a certain amount All an inheritor has to do is prepare a short document stating that he or she is entitled to a certain asset
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Mississippi small estate affidavit A small estate affidavit can be used to disburse the deceased s estate in Mississippi if it only contains personal property and the value falls below 75 000 To use a small estate affidavit in Mississippi you must wait until at least 30 days have passed since the decedent s death and while the A Mississippi small estate affidavit is a legal statement used to obtain the property and financial assets of a deceased person without intervention from the court Mississippi law states that a small estate affidavit is applicable when the total value of the decedent s assets is 75 000 or less
In Mississippi small estates can bypass probate by using a small estate affidavit for personal property and a muniment of title for real property Small Estate Affidavit If a Mississippi estate has gross value 75 000 you can use the small estate process to settle an estate with no court involvement Requirements According to Mississippi s statutes Sections 81 5 63 81 12 135 81 12 137 and 91 7 323 the small estate affidavit allows family or other successors to apply for ownership of a decedent s real estate If the estate values less than 75 000 then successors may file the affidavit when 30 days have passed after a decedent s passing
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Mississippi Small Estate Affidavit - A small estate affidavit is a court document that allows beneficiaries to bypass the often lengthy probate process and expedite the distribution of an estate after someone s death To qualify for this process Mississippi 75 000 30 days Notary Public