In Texas, using a Small Estate Affidavit to probate a case can be a simpler way to transfer the assets of a loved one after they have passed. There are a few requirements necessary to be able to use this method. The assets must be more than any debts owed, and the assets must not be more than $75,000. This does exclude any homestead. A homestead should not be included in the debts owed, nor the assets. Homesteads are considered exempt by Texas law. Here is a list of a few other requirements to probate using a Small Estate Affidavit.
Handling the estate of a loved one is never an easy task. If you have any questions regarding Probate or Small Estate Affidavits, don’t hesitate to contact us for a free consultation. We are here to help. For any additional information regarding Texas Probate Laws, click here.