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A small estate affidavit is a sworn legal document that may allow an estate to avoid going through probate. Small estate affidavits are permitted in many states, as long as the value of the estate ...
Here are the state’s criteria for using the small estate affidavit: The estate can’t be valued at more than $50,000. At least 60 days have passed since the death.
Indiana lets qualifying heirs of a person who dies without a will avoid probate through a small estate affidavit. Beneficiaries of a small estate can usually claim bank accounts and other estate ...
Vasil Levski's affidavit, 16 June 1872, Bucharest, Romania. An affidavit (/ ˌ æ f ɪ ˈ d eɪ v ɪ t / ⓘ AF-ih-DAY-vit; Medieval Latin for "he has declared under oath") is a written statement voluntarily made by an affiant or deponent under an oath or affirmation which is administered by a person who is authorized to do so by law.
Because of tax credits, the effective lower limit on taxable estates was $338,333. Ohio also allowed a "marital deduction" equal to the net value of any asset passing to the surviving spouse. In 2005, another inheritance-related tax, called the Ohio additional estate tax or "pick-up tax", was eliminated [1] (see entry at "sponge tax").
Municipal Courts and County Courts are law courts of limited jurisdiction in the U.S. state of Ohio.They handle cases involving traffic, non-traffic misdemeanors, evictions and small civil claims (in which the amount in controversy does not exceed $3,000 for small claims and $15,000 for municipal court).
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