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Small Estate Affidavit Williamson County Wilco Form

Small Estate Affidavit Williamson County Wilco Form

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[Music] what is a small estate affidavit and how do you use it and when can you use it so a small estate affidavit is just that it's an affidavit form that is filled out by the person that says hey i am entitled to the assets of the decedent's estate if there are other people like let's say you are one of four kids you're going to have to get all your siblings to sign off on that if they are also beneficiaries of the estate but the whole idea with a small estate affidavit is you are proving to whomever is holding funds that you are entitled to claim them on your behalf or on behalf of you and your siblings so when can it be used it can be used when the assets of the estate that are what we call directionless they have nowhere to go are under one hundred thousand dollars so somebody forgot about a bank account and everything else is pay on death somewhere their life insurance their 401 k even their house paid on death but they forgot about this one account and it's got 90 thousand dolla

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