Small Estate Affidavit South Carolina

Small Estate Affidavit South Carolina A South Carolina small estate affidavit is a document that is used to claim property from a deceased person s estate It can only be used for estates that are worth less than 25 000 For small estates petitioning for this process is the first step to avoiding an expensive and time consuming probate process

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 The South Carolina Small Estate Affidavit is a straightforward document that is used to formally obtain the assets personal belongings of an individual that died a resident of SC In the state the deceased person is called the decedent and the individual completing the form is known as the successor

Small Estate Affidavit South Carolina

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Small Estate Affidavit South Carolina
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In South Carolina small estates can completely bypass probate via small estate affidavit or simplify it via summary administration Small Estate Affidavit If the gross value of a South Carolina estate is worth 25 000 you can use the small estate process to settle an estate with minimal court involvement Requirements 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 South Carolina 25 000 30 days Notary Public and Probate Judge

How to Use South Carolina s Small Estate Affidavit If your estate meets the requirements listed above your inheritor can sign a simple document under oath called an Affidavit for Collection of Personal Property Pursuant to Small Estate Proceeding AFFIDAVIT FOR COLLECTION OF PERSONAL PROPERTY PURSUANT TO SMALL ESTATE PROCEEDING CASE NUMBER 2 Decedent was domiciled in this county at date of death Address County Greenville State South Carolina

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A South Carolina small estate affidavit is a form filed with the probate court that enables the successors of a small estate to expedite the process of retrieving the assets and property therein This document is known as the Affidavit for Collection of Personal Property Pursuant to Small Estate Proceeding and can only be used for modest estates valued at 25 000 or less The Small Estate Affidavit allows the decedent s heirs to obtain the decedent s personal property without the necessity of full probate proceedings Notice This is not the Small Estate Affidavit form This is only a worksheet Filing No sooner than 30 days from date of death

4 No Application or Petition for the appointment of a Personal Representative is pending or has been granted in any jurisdiction 5 This affidavit is pursuant to SCPC 62 3 1201 The successor s named herein is are entitled to the payment of any sums of money due and owing to the Decedent and to the delivery of all probate tangible personal Affidavit for Collection of Personal Property Pursuant to Small Estate Proceedings PDF DOC 62 3 1201 62 3 1202 366ES Affidavit of Adeemed or Abated Property PDF DOC 62 2 605 62 2 606 62 2 610 Petition for Transfer of Guardianship and or Adult Conservatorship from South Carolina to Receiving State PDF DOC

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Small Estate Affidavit South Carolina - South Carolina Small Estates The maximum value of the probate estate must be under 25 000 00 in order to qualify for small estate administration Legal Procedures for Small Estate Administration There are three procedures for the more simple administration of the small estates with the last of the three avoiding even opening the estate at all