The Oregon Small Estate Affidavit is a legal document that allows individuals to claim assets of a deceased person without going through the lengthy probate process. This form simplifies the transfer of property when the total value of the estate falls below a certain threshold. Understanding how to properly use this affidavit can help beneficiaries access their inheritance more quickly and efficiently.
The Oregon Small Estate Affidavit form serves as a valuable tool for individuals navigating the complexities of settling a loved one's estate with minimal assets. Designed for estates valued at $275,000 or less, this form allows heirs or beneficiaries to claim property without going through the lengthy and often costly probate process. By completing the affidavit, individuals can assert their rights to the decedent's assets, facilitating a smoother transition of property ownership. This process not only saves time but also reduces the emotional burden often associated with estate administration. The form requires specific information, including details about the deceased, a list of the estate's assets, and an affirmation that no other probate proceedings are underway. Importantly, the affidavit must be signed under penalty of perjury, ensuring that all provided information is accurate and truthful. Understanding how to properly use this form can empower individuals to take control of their financial and legal responsibilities during a challenging time.
Oregon Small Estate Affidavit Template
This document is used to manage the distribution of a deceased person's estate without formal probate in the state of Oregon, in accordance with the Oregon Revised Statutes, Chapter 114: Small Estates. It is applicable when the total value of the estate does not exceed the limits set by Oregon law.
Please fill in the following information accurately to complete the Oregon Small Estate Affidavit:
Full Name of Decedent (person who passed away):
Date of Death:
County of Decedent's Residence at Time of Death:
Full Name of Affiant (person completing this affidavit):
Address of Affiant:
Relationship to Decedent:
Total Estimated Value of Estate:
Provide a detailed list of all estate assets (including but not limited to real property, personal property, and bank accounts), their locations, and estimated values:
List all known debts and liabilities of the decedent, including creditor names and amounts owed:
After completing this form, you must sign it in the presence of a notary public before submitting it to the appropriate county court in Oregon. This document does not itself transfer any property but is a sworn statement of the facts pertaining to the estate. Professional legal advice is recommended to ensure compliance with all Oregon laws and regulations.
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