Is there a simple method to probate a small estate?
Yes, if the total assets left by a decedent in his name alone consist of personal property and do not exceed $20,000. The decedent may own survivorship real estate or other survivor-ship assets exceeding $20,000 in value and still qualify for this simple procedure. In such an event, the transfer of both tangible and intangible personal property such as bank accounts, shares of corporate stock, bonds, unpaid wages, death benefits, insurance proceeds, or motor vehicles can be passed simply to the surviving spouse or next of kin. The only requirement is that the surviving spouse or next of kin or some suitable person file an affidavit in the Probate Court stating that the decedents funeral expenses and other debts have been paid at least to the value of such assets or that such assets are necessary to pay funeral and physicians expenses. Thereafter, the Judge will confirm that no other probate proceedings have been started and will authorize by a decree the transfer of the personal proper
