For smaller estates, estates where the decedent’s real and personal property is below a particular dollar value, there are simplified methods available. One of these methods the decedent’s heirs may be able to use is a small estate affidavit.
Under Probate Code Section 13100, the decedent’s heirs can retrieve and collect any personal property of the decedent, so long as at least 40 days have passed from the date of death, the gross value of all of the decedent’s real and personal property is less than $184,500.00 (if decedent died on or after April 1, 2022 otherwise $166,250.00).
To learn more please contact Newport Beach Real Estate Attorneys today at https://www.newportbeachrealestateattorney.com or call (800) 233-8521 for a free consultation.
