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Form 23 Affidavit for Collection of Small Estate by Distributee - Arkansas
Arkansas Small Estate Affidavit Form: What Is It?
An Arkansas Small Estate Affidavit Form gives legal permission for a person to collect a property that they have rightfully inherited after the owner has passed. By using an Arkansas Small Estate Affidavit, the individual eliminates the need for a long and time-consuming probate period which is done through court.
Alternate Names:
- Form 23;
- Affidavit for Collection of Small Estate by Distributee.
In Arkansas however, this process is surrounded by several laws that need to be taken into account before filing this form. If this is not done, the form will not be legally recognized. For this reason we have compiled a list of all the relevant laws that are specific to Arkansas:
- There are a minimal amount of days that you need to wait before filing the form. Make sure that you comply with this - in Arkansas this time period is at the very least forty five days;
- There is also a limit on the possible value of such estates. In Arkansas this is capped at one hundred thousand dollars;
- The document should be signed by the local probate;
- There is a fee for filing the form (twenty five dollars) and a further fee of five dollars for every official copy;
- After the document has been filed, the individual has a legal responsibility to publish a copy in a local newspaper.
A fillable Arkansas Small Estate Affidavit Form can be downloaded by clicking the link below.
How to File a Small Estate Affidavit in Arkansas?
Filing for an Arkansas Small Estate Affidavit is not a complex procedure, but it can be a worrying task. We have put together some of our top tips that can be found below:
- The document first needs to be filled in correctly . After this is done, it needs to be signed by the person filling it in and a local probate;
- Then you must attend the local court office with the small estate affidavit in hand along with the death certificate of the deceased, the relevant fee and a disclaimer if appropriate;
- After you have successfully filed the documents, you need to publish a notification in a local newspaper . This has to be done for a minimum of two weeks with a publication of at least once per week;
- Obtain a Deed of Distribution document and submit it to the relevant party.
Download Form 23 Affidavit for Collection of Small Estate by Distributee - Arkansas
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