Small Estate Affidavit Charleston IL – Bates Law Office – 501 Jackson Avenue – Suite 2031 – Call 217-512-1847
A small estate affidavit is a written document that authorizes an individual to claim a deceased person’s properties outside of the conventional probate processes.
After a person passes away, his or her assets then become part of what’s known as their estate. A court procedure called probate is utilized to prove the deceased person’s will is valid or, if there is no will, to determine if there are any heirs. For smaller estates that have a value of less than a specific amount, there is a streamlined process that may be used in order to avoid going to probate. It can help save the loved ones of the deceased considerable time and expense.
In order to claim the deceased person’s assets, an heir or a relative may complete a Small Estate Affidavit Charleston IL and provide it to whoever is holding the assets such as a credit union or a bank.
To fill out the Small Estate Affidavit Charleston IL form, you will require an up-to-date listing of unpaid taxes or debts still owed by the deceased. For instance, they may still owe payments for healthcare costs or credit cards. In addition, you will need an up-to-date list of any assets and property in the estate.
Note that a Small Estate Affidavit Charleston IL may be used only for estates containing less than $100,000.
Speak with an attorney at the Bates Law Office for additional information on small estate affidavits and if it’s something that applies to your situation. Our firm is experienced in handling a wide variety of estate matters – call today for a consultation and get helpful answers to your questions at 217-512-1847.
Bates Law Office provides legal services to clients in Charleston, Mattoon, Paris and other communities in Coles County.
