What Is a Small Estate Affidavit?

If a person dies without a will, and the estate is worth $75,000 or less (not including the deceased person’s homestead or other exempt property), then Texas law allows the person or people inheriting from that estate to file a Small Estate Affidavit with the court and avoid most of the costs of a court supervised administration. The Small Estate Affidavit must comply with the statutes and be approved by the court. There are also certain notice provisions that must be complied with. If the homestead is the only real property in the estate, then the homestead may be transferred using the Small Estate Affidavit.

Check out the video breakdown here: https://youtu.be/Cq6NQtX32QU.