Arkansas is a Southern US state with abundant wilderness, parks, and hot springs. Arkansas state also borders with the great Mississippi River. The Arkansas state has small estate laws that enable a person to claim the property of a decedent by filing an affidavit of small estate. If the estate is valued at $10,000 or less, you can use small estate affidavit for its collection and transfer. But, a summary can be used for the property with a value equal to or less than $100,000. One thing worth mentioning is that the process can only be initiated 45 days after the death of the owner of the property in Arkansas State. For an affidavit, you do not need to go to the court while for the summary you will have to submit it to the court. A legal heir of the decedent property can submit an affidavit of small estate if there is no petition pending in the court for the collection and distribution of the property.
Arkansas Affidavit of Small Estate Form
County of: ___________
State of: Arkansas
This Affidavit of the small estate is executed for the purpose of establishing [AFFIANT NAME] as a legal heir for the herein mentioned estate of the Decedent.
DESCRIPTION OF DECEDENT’S ESTATE:
PROPERTY NAME | DESCRIPTION | VALUE | LOCATION |
The overall value of all estate combined is: ____________________
AFFIANT DETAILS
I reside at ___________________ , ________________ , _________________. [RESIDENTIAL ADDRESS]
I can be contacted through my Phone number: [PHONE NUMBER] or email address: [EMAIL ADDRESS].
Affiant’s Signature______________________
Date_________________________________
Notary Signature_______________________
Date_________________________________
My commission Expires:__________________
(Notary Seal)__________________________
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