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The Water Cooler
General Discussion
Revocable Trusts and Wills
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<blockquote data-quote="harley128" data-source="post: 3540885" data-attributes="member: 615"><p>Summary probate is for total assets less than $200k, and if the person has been dead 5 yrs or more, or resides in another jurisdiction. At least that's what I read</p><p></p><p><span style="font-size: 18px"><strong><strong>Requirements for an Oklahoma Summary Probate</strong></strong></span></p><p>A family can use this special probate procedure if:</p><p></p><ul> <li data-xf-list-type="ul">The value of the estate is less than or equal to Two Hundred Thousand Dollars ($200,000.00);</li> <li data-xf-list-type="ul">The decedent has been deceased for more than five (5) years; or</li> <li data-xf-list-type="ul">The decedent resided in another jurisdiction at the time of death.</li> </ul></blockquote><p></p>
[QUOTE="harley128, post: 3540885, member: 615"] Summary probate is for total assets less than $200k, and if the person has been dead 5 yrs or more, or resides in another jurisdiction. At least that's what I read [SIZE=5][B][B]Requirements for an Oklahoma Summary Probate[/B][/B][/SIZE] A family can use this special probate procedure if: [LIST] [*]The value of the estate is less than or equal to Two Hundred Thousand Dollars ($200,000.00); [*]The decedent has been deceased for more than five (5) years; or [*]The decedent resided in another jurisdiction at the time of death. [/LIST] [/QUOTE]
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