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    • Yes

      • A: Yes. If the cumulative value of a deceased person’s probate personal property (not including real estate) that would otherwise go through probate court is less than $50,000, that probate property can be obtained by the deceased person’s successors by the use of a Small Estates Affidavit and thus avoid probate.
      www.okbar.org/freelegalinfo/probate/
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  2. This article will cover when to use Oklahomas affidavit of tangible personal property, affidavit of death and heirship for severed mineral interests 1 and affidavit of known heirs 2 instead of probate.

  3. Aug 8, 2022 · Small Estate Affidavits can be filed by successors in Oklahoma to claim personal property like bank accounts, personal property, life insurance, stocks, or vehicles of decedents who owned property in the state and died without leaving a last will and testament.

  4. Aug 5, 2024 · An Oklahoma small estate affidavit is a document that a person uses to claim a right to the property of a deceased person, known as a decedent. This transfer of ownership can only happen after all of the decedent’s taxes and debts have been paid.

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  5. You may not use this affidavit if there has been a probate action filed, or if you are contemplating filing a probate action, of the decedent’s estate. If the value of the property the State Treasurer holds is worth more than $5,000, you will have to submit a certified copy of the owner’s death certificate.

  6. May 19, 2022 · In Oklahoma, a small estate affidavit is used in certain circumstances to allow heirs to avoid the probate procedure. This affidavit is a probate form that is a legal document where you swear under the penalty of law that you are entitled to receive a specific asset from the decedent’s estate.

  7. Apr 5, 2024 · In Oklahoma, small estates can completely bypass probate via small estate affidavit, or simplify it via summary administration. Regardless of estate size, probate is not required if an estate contains only assets exempt from probate.

  8. One alternative to probate can be the Oklahoma Small Estate Affidavit. Currently, this small estate affidavit Oklahoma form can be used for small estates under $50,000. With no legal representation, it requires less paperwork than probating a Last Will or administering a trust.

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