Small Estate Affidavit Form - Iowa

How to File a Small Estate Affidavit in Iowa?

Follow these guidelines to draft an Iowa Small Estate Affidavit Form properly:

1. Comply with the regulations that govern the Iowa Small Estate Affidavit procedure - you are required to wait minimum forty days after the passing of the estate owner before preparing the document, the amount of the estate cannot be more than $50.000, and the papers must be reviewed and signed by a notary public.
2. Write the affidavit in question . Include your own name and physical address, identify the estate owner, record their date and place of death, list all the assets you are planning to distribute and their amount, describe debts, liabilities, expenses, and fees you still need to deal with on behalf of the estate, specify the marital status of the decedent and write down the names of their children, parents, and siblings if necessary, enter the names of people entitled to receive the property as a result of the estate settlement and indicate who receives particular assets.
3. Sign and date the document in the presence of a notary public - without a notary seal, the affidavit will be considered invalid. This form has to be read and signed by two impartial witnesses as well.
4. Once the affidavit is finalized, you are not under the obligation to file it with any authorities or notify the local court about the existence of the document . You may simply present this instrument to any person or entity that currently holds the assets of the decedent, collect them, and distribute them adhering to the provisions of the affidavit.