Simplified Probate for Small Estates in Idaho
Special procedures for handling small estates in Idaho
Special procedures for handling small estates in Idaho
In general, when someone dies, the estate must go through probate which can be a complicated and lengthy process. But many states provide less complicated options for smaller estates.Idaho law provides for simplified probate when the value of value of the entire estate less liens and encumbrances does not exceed the homestead allowance, exempt property, family allowance, costs and expenses of administration, reasonable funeral expenses, and reasonable and necessary medical and hospital expenses of the last illness of the decedent. A personal representative of the decedent may immediately disburse and distribute the estate to the persons entitled to it, and then file a closing statement with the court. Read more