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LSDefine

Simple English definitions for legal terms

Small estate

Read a random definition: jus albinatus

A quick definition of Small estate:

Small estate: A small estate is when someone who has passed away has left behind limited property or money. When this happens, the process of dividing up their belongings and money can be very long and expensive. To make things easier, some states have created rules for small estates. These rules allow for a quicker and less expensive process for dividing up the property and money. The rules vary by state, but they usually apply to estates that are worth less than a certain amount of money. Some states require a quick legal process, while others allow the process to be skipped entirely with just a death certificate and a written statement from each person who is entitled to a share of the estate.

A more thorough explanation:

Small estate refers to an estate with limited value that can go through a shorter probate process or avoid probate altogether. Probate is a legal process that can be lengthy and expensive for all parties involved. To make things easier, states have created small estate classifications for estates valued below a certain amount.

For example, in some states, an estate valued below $30,000 can go through a quick probate process that often does not require a lawyer. In other states, probate can be skipped entirely, and only a death certificate and an affidavit from each person claiming to be entitled to part of the estate are required.

These examples illustrate how small estate classifications can make the probate process easier and less expensive for those involved.

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11:21
he was already vomiting and shitting in a hole I think he did his penance
windyMagician
11:26
call that restorative justice
11:35
they put a place in the UK second. I don’t trust their methodology
shaquilleoatmeal
11:35
im laughin cause it definitely isnt but the fact that some people this it is is comical
shaquilleoatmeal
11:35
tink*
shaquilleoatmeal
11:35
think jee
shaquilleoatmeal
11:35
jeez - im over it
11:37
imagine saying you want to go to boston for christmas 💀
shaquilleoatmeal
11:40
imagine you not wanting to go what lmao
13:55
not impressed by the fact that they have a park and some buildings. who doesn't
soap
15:04
Manifesting a GPA boost with the end of this semester
CynicalOops
15:13
Colorado mentioned
CynicalOops
15:18
Wait does boston have one of those long ice rinks
CynicalOops
15:18
Those are fun
15:23
what if I started flexing again
15:24
that might be too much
15:33
can we see ur mod badge?
15:41
just for u sweetie pie
15:43
woah so much swagger with dat 'm;
Dkk
15:47
@shaquilleoatmeal: more like, blow my back out by the bay boston instead of back bay boston.
Dkk
15:48
Indeed, the legendary man himself.
15:49
I would go to blow my back out by the bay boston
15:50
lift with ur back not your legs, its better to have a blown back than two bad legs
CynicalOops
15:53
Blow and back day out by boston bay
15:59
so true
Dkk
16:03
Of course. Man sad Ricky Henderson died. That was my favorite athlete of all time.
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