Form UP-45 Small Estate Affidavit - Nevada

Nevada Small Estate Affidavit Form: What Is It?

After a Nevada Small Estate Affidavit Form has been completed, it gives an individual legal permission to claim an inherited small estate. Signing this document helps ensure that they have the legal power to become the new owner of the small estate. It is important to understand that this form can only be applied after the original owner of the small estate passes.

Alternate Name:

• Form UP-45.

After you have formed your Nevada Small Estate Affidavit, the new owner of the small estate will be able to acquire the estate much quicker by avoiding the long probate procedure. It is important to know the legislation that surrounds this document because if not, there is always the risk that the form will not be recognized legally. These laws state that:

• There is a specific time period which you must wait for after the death of the individual, before you can begin to file the Affidavit of Small Estate in Nevada . In Nevada, this has to be a minimum of forty days;
• This affidavit takes into account property valued at no more than one hundred thousand dollars only if the applying individual is a spouse of the deceased . In all other cases the maximal limit is twenty-five thousand dollars. These values do not take into account outstanding salaries or vehicles;
• The document must be notarized.

A fillable Nevada Small Estate Affidavit can be downloaded by clicking the link below.