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Small Estate Affidavit - Oregon
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Oregon Small Estate Affidavit Form: What Is It?
An Oregon Small Estate Affidavit is a legal instrument used by individuals who want to opt for an alternative process when distributing the estate of a deceased individual in case the number of assets does not exceed the value set by the local laws.
Alternate Name:
- Application to Relieve Estate From Administration.
Whether the person wrote a will or was not able to do that for any reason, their legal heirs and creditors still have the right to get access to their tangible and intangible property while skipping probate.
A fillable Oregon Small Estate Affidavit can be downloaded below.
Oregon Small Estate Affidavit Instructions
Oregon laws oblige all potential heirs of the deceased estate owner to wait at least thirty days before filing a small affidavit to distribute the assets that do not exceed $275.000. Here are the steps you should follow when preparing and submitting an Oregon Small Estate Affidavit Form:
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Indicate the name of the county and the name of the decedent . Clarify your affiant status, explain why you have chosen a particular court to file the affidavit, and add your contact details.
- Provide the name, residential address, and the date and place of death of the individual that passed away.
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List the assets - both real and personal property - you are planning to distribute and record their value.
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Check the box to certify the decedent left or did not leave a will . Name all the known heirs of the estate owner, enter their addresses, and elaborate on their relationship to the deceased individual. You also have to indicate which assets must be given to certain people from the list.
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If there are any creditors, claims, or expenses you have to deal with while handling the estate, they must be described in the form . Confirm you are going to notify all heirs, creditors, and other interested parties about the upcoming filing.
- Verify your intention to administer the estate quickly adhering to all the regulations of the state.
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Sign and date the document, write your full name and address . The affidavit must be read by the notary public who will verify its authenticity and put a notary seal under your signature. Once the instrument is formalized, you may file it with the local circuit court.
Download Small Estate Affidavit - Oregon