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3 Types Of Affidavits For Handling Property Matters

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By Author: Carl Glendon
Total Articles: 190
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An Affidavit document is a statement that is written and made by an individual under an oath but voluntarily. It is administered by someone with the legal powers to do so, such as authorized by the federal, local or state government. Various kinds of affidavits can be found, which are used for different legal purposes. Know about 3 types that are used for dealing with property matters.

Affidavit of Small Estate

When an immediate family member or a husband / wife die without leaving behind a will, someone needs to act on behalf of the deceased person to solve all the property issues. He also needs to distribute the assets to everyone who is entitled to the same. In a number of courts, “small estate” proceedings are offered where the total worth of all the properties drop below a specific amount. However, the person who handles the estate needs to attest to it that the assets are below that minimum threshold. This Affidavit form, similar to other ones, is equal to the signatory who testified under oath that the statements made in relation to the value of the estate are true to the best of his knowledge.

Financial Affidavit

During divorce proceedings, spouses are legally obligated to reveal all the assets that they own – individually as well as jointly – to make it easier for a court of law to determine how a property should be divided. This type of information is also used for taking decisions about child support and spousal support. When a Financial Affidavit template is executed, it is basically a signatory swearing under an oath that he / she is the owner of the listed assets. For more information about getting an affidavit in Arizona, please visit this website.

Affidavit of Heirship

These types of Affidavits are also used when a close family member or spouse dies, and his / her assets have to be distributed among entitled individuals. It is executed by someone who attests that the dead individual left behind some descendants and is listing those inheritors by relationship and name.

You can get these from an attorney or a court of law, or even get template of Affidavit form online.

Author Resource:-

Carl writes often about legal drafting of rental & commercial lease agreements, affidavit and bill of sale to help the people in needs. You can find his thoughts at affidavit sample blog. Please visit this site to get a sample affidavit in Idaho.

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