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LSDefine

Simple English definitions for legal terms

Small estate

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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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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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