Wednesday, October 19, 2016

What is a Small Estate Affidavit?

When an individual dies with a very modest estate, there is a simplified procedure that permits that deceased person's personal representative, family or heirs to collect his or her assets without the complexity, time and expense of a formal probate proceeding.  In Missouri, the procedure is known as a Small Estate Affidavit, and this procedure is available when a decedent's assets, net of liens, debts and encumbrances, is $40,000 or less.  R.S.Mo.
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Monday, October 10, 2016

How do I file a claim in a probate estate?

If you are a creditor of a decedent who has died, you will need to know how to file a claim against the decedent’s estate in order to protect yourself and preserve the amount due to you.  Below you will find general guidance about the process for filing a claim in a probate matter pending in Missouri.

Generally, claims must be filed within the earlier of six (6) months of the time that notice of the granting of letters testamentary or letters of administration was published or one (1) year after the decedent’s date of death.  R.S.
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