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Your estate consists of everything you own: your home, personal property, car, land, stocks and bonds, life insurance and any other property in which you have an ownership interest. Estate planning is a plan for how you will acquire property, use it, conserve it and, perhaps most importantly, how it will be transferred upon your death. There is no way to determine your wishes regarding distribution of your property after your death unless you take appropriate steps prior to your death. Estate planning can be beneficial no matter what the size of the estate.
Small Estates Affidavit
This is a form to create an affidavit available through the Kansas Judicial Council.
UPDATE: The Kansas Judicial Council recently increased the small estate affidavit cap to $75,000. This form allows the heirs to transfer up to $75,000 in assets (usually bank accounts) to all the heirs, without any thing going through probate court.
Your estate consists of everything you own: your home, personal property, car, land, stocks and bonds, life insurance and any other property in which you have an ownership interest. Estate planning is a plan for how you will acquire property, use it, conserve it and, perhaps most importantly, how it will be transferred upon your death. There is no way to determine your wishes regarding distribution of your property after your death unless you take appropriate steps prior to your death. Estate planning can be beneficial no matter what the size of the estate.
Managing Attorney: Ty Wheeler
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