Idaho Small Estate Affidavit
The state of Idaho permits the use of Idaho Small Estate Affidavit (also known as an “Affidavit Collecting Personal Property of the Decedent” and Form CAO Pb 01) as a lawful way to fast track the usually drawn-out process of collecting a small estate exclusively comprised of personal property. The state, as per § 15-3-1201, defines an Affidavit as, “A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.”
Laws & Required Conditions
Laws: § 15-3-1201
Maximum Estate Value: $100,000
Required Conditions: It is the responsibility of the individual completing the form (the claiming Successor) to confirm that they have utilized the form in the correct manner, as follows:
The form can be utilized:
- To collect personal property to a value of $100,000 or less,
- Only after thirty (30) days have elapsed since the Decedent died, and
- If the claiming Successor is indeed legally entitled to the estate, in accordance with § 15-3-1201.
The form cannot be utilized:
- To collect real property,
- To collect a motor vehicle (Form ITD 3413 should be used instead), nor
- If a personal representative will be appointed, or has already been appointed.