The Virginia small estate affidavit may be used when a decedent has $50,000 or less in probatable assets. It provides a quicker way to settle an estate by a successor when the estate is small. This form may not be used until at least 60 days have passed since the date of death of the decedent. In addition, there cannot be a probate proceeding pending in probate court. If there was a will, it has to be filed with the probate court before this form is permissible.
Maximum – $50,000
Laws – § 64.2-600 to § 64.2-605
How to Write
Step 1 – Write in your name as the successor in interest.
Step 2 – In Section 1, enter in decedent’s name and the date of death.
Step 3 – Check the box that indicates the type of asset.
Step 4 – In Section 7, check the box which indicates your relationship to the decedent.
Step 5 – In Section 8, write in the names and addresses of all the Successors.
Step 6 – Write in the name of each successor designated to receive payment.
Step 7 – Have all the successors sign in front of a notary public.