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What if the only asset was a motor vehicle ?

ASSET motor vehicle
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What if the only asset was a motor vehicle ?

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If the motor vehicle was in the decedent’s name alone and the net value is under $30,000, a small estate is necessary. If the net value is over $30,000 and there is no surviving spouse, a regular estate is necessary. If there is a surviving spouse and the net value is under $50,000 a small estate is necessary.

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