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Small Estate Affidavit Form - Mississippi
Mississippi Small Estate Affidavit Form: What Is It?
A Mississippi Small Estate Affidavit is a legal instrument used by the heir or beneficiary of the deceased individual to speed up the small estate settlement. If you want to skip probate proceedings and you know the assets of the person that passed away qualify for a simplified distribution procedure, you have an opportunity to collect valuable items that belonged to the estate owner while spending less time and money.
As long as you are able to provide a legitimate reason for you to inherit the possessions in question, the Mississippi Small Estate Affidavit Form can be notarized and later accepted by all third parties that temporarily hold the assets whether it is a private individual or financial institution.
A fillable Mississippi Small Estate Affidavit can be downloaded through the link below.
How to File a Mississippi Small Estate Affidavit?
Here is how you may prepare and submit a Small Estate Affidavit in Mississippi:
- Check the local regulations to confirm the estate can be processed and distributed quickly. At the moment, you need to wait for thirty days before formalizing the affidavit, the assets cannot exceed $75.000, and the form must be read and signed by a notary public.
- Complete the affidavit. It has to contain the name of the individual drafting it, indicate the name, last residential address, and date of death of the estate owner, explain the reasons behind the claim to the assets elaborating on your relationship with the deceased individual and other prospective heirs, list the assets you intend to receive, enter the names of people and organizations indebted to the estate owner, and record your contact information.
- Do not sign the papers before you appear before a local notary public - they will verify your identity and the authenticity of the document by writing their own name and putting a notary seal under your signature. If you do not book an appointment with the individual authorized to witness the signing of affidavits, your document will be considered invalid so make sure you get this extra protection for your claim.
- Present the affidavit and a death certificate - or its copy - to any person or entity that currently holds the assets you want to get access to - they will have to follow the instructions listed in the document.
Download Small Estate Affidavit Form - Mississippi
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