Free  Small Estate Affidavit Document for Colorado Access Your Small Estate Affidavit Now

Free Small Estate Affidavit Document for Colorado

The Colorado Small Estate Affidavit is a legal document that allows individuals to claim assets of a deceased person without going through the lengthy probate process. This form is typically used when the total value of the estate is below a certain threshold, making it a more accessible option for heirs. Understanding how to properly complete and file this affidavit can simplify the transfer of assets and expedite the process for beneficiaries.

Access Your Small Estate Affidavit Now
Article Structure

The Colorado Small Estate Affidavit is a legal document designed to simplify the process of settling small estates after an individual's death. This form allows heirs or beneficiaries to claim property without going through the lengthy and often costly probate process. In Colorado, the Small Estate Affidavit can be used when the total value of the estate does not exceed a specified threshold, which is subject to change based on state law. The affidavit must be completed accurately and include essential information, such as the decedent's details, a list of assets, and the identities of the heirs. Additionally, the form requires the signature of the affiant, who is typically a close relative or someone with a vested interest in the estate. By utilizing this affidavit, individuals can facilitate the transfer of assets, thereby reducing the administrative burden associated with estate management. Understanding the requirements and implications of the Small Estate Affidavit is crucial for those navigating the complexities of estate settlement in Colorado.

Form Preview Example

Colorado Small Estate Affidavit

Pursuant to the Colorado Small Estate Act, the undersigned hereby declares they are legally entitled to collect the assets of a deceased person who was a resident of Colorado at the time of death, provided the total value of the estate does not exceed the limit specified by Colorado law.

Decedent Information

Full Name of Decedent: _____________________________

Date of Death: _____________________________

County of Residence at Time of Death: _____________________________

Affiant Information

Full Name of Affiant: _____________________________

Relationship to Decedent: _____________________________

Address: _____________________________

City, State, ZIP Code: _____________________________

Telephone Number: _____________________________

Description of Assets

Provide a detailed description of the decedent’s assets, adhering to the applicable provisions of Colorado law.

  • Bank Accounts: _____________________________
  • Vehicle(s): _____________________________
  • Real Estate (if applicable, provide address and legal description): _____________________________
  • Other Personal Property: _____________________________

Declarations and Signatures

By signing below, the affiant declares under penalty of perjury, pursuant to the laws of the State of Colorado, that the information provided in this affidavit is true and correct. The affiant agrees to indemnify and hold harmless any transferees or claimants who disburse assets in reliance on this affidavit.

Date: _____________________________

Signature of Affiant: _____________________________

Notary Public

This document was acknowledged before me on Date: _____________________________ by Name of Affiant: _____________________________.

Notary Public: _____________________________

My Commission Expires: _____________________________

Document Properties

Fact Name Details
Purpose The Colorado Small Estate Affidavit allows heirs to claim property without going through formal probate.
Eligibility The total value of the estate must not exceed $66,000, excluding certain exempt property.
Governing Law The Small Estate Affidavit is governed by Colorado Revised Statutes, Title 15, Article 12.
Filing Requirement No court filing is required, but the affidavit must be presented to the person or entity holding the property.
Signature Requirement The affidavit must be signed by all heirs entitled to the property.
Property Types The form can be used for various property types, including bank accounts, vehicles, and personal belongings.
Time Limit The affidavit should be executed within one year of the decedent's death.
Additional Documentation Heirs may need to provide a copy of the death certificate along with the affidavit.
Please rate Free Small Estate Affidavit Document for Colorado Form
4.61
(Excellent)
23 Votes

More Colorado Forms