Small Succession Affidavit Lawyer in Alexandria, LA
After the death of a loved one, handling their Alexandria estate can be both emotionally challenging and complex. This can be especially true in cases that involve a small succession. These arrangements offer a more streamlined way of transferring assets without the need for probate, but require caution to meet the regulations of Louisiana state law. At LaCour Law Firm, our Alexandria, LA, small succession affidavit lawyer is here to help your family.
Defining a Small Succession Affidavit Lawyer in Alexandria, LA
In Alexandria, a small succession affidavit is a legal document that allows the heirs of an estate to circumvent the probate process, negating the need for the court to transfer the properties and assets of an estate. In Louisiana, a state can qualify for small succession if the individual who died in the state died without a will and did not own more than $125,000 worth of property.
Additionally, an affidavit must include information regarding the heirs and the estate, including the name of the parish where the affidavit is being filed–Rapides Parish for those living in Alexandria, the date of death of the estate owner, and the domicile at the time of the individual’s death, along with their marital status, and a sworn descriptive list of all assets owned by the deceased and the values of these assets.
Only once this affidavit has been signed and filed with the office of the clerk of court can the property be distributed amongst heirs in accordance with the law. About 68% of Americans do not have a will in place, making small succession affidavits vitally important.
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Many folks will wonder what a sworn descriptive list of assets is. This is a list of all the assets owned by the estate of the deceased individual, which are subject to being transferred through the process of small successions. This list should include the following items:
- A detailed description of all assets
- A detailed description of the value of each asset
- Other relevant information that an attorney may deem necessary
The purpose of this list is to ensure there is a comprehensive inventory of all the estate’s assets and to help ensure that these assets are correctly transferred to heirs upon the death of the estate owner. To be considered valid in Alexandria, the list of assets must be signed by the affiant and notarized.
Who Signs a Small Succession Affidavit?
In Alexandria, for an affidavit to be valid, it must be signed by one of the following parties:
- The surviving spouse of the deceased and at least one of the deceased’s adult heirs
- In cases where there is no surviving spouse, then it must be signed by at least two adult heirs
- If there is only one adult heir, that heir must sign along with one other individual who knows and understands the facts and provisions held within the affidavit.
Alexandria Small Succession Affidavit Lawyer
Filing a small succession affidavit in Alexandria can be a much easier option for folks who hope to avoid the complex probate court process after a loved one has died. However, it is important that you meet the legal requirements and stipulations of such a legal document. At LaCour Law Firm, we are here to support you. Let us work to protect your interests by contacting our offices today.
