Probate Glossary

Small Estate

A simplified probate process for estates below a legal threshold.

Definition

A small estate is an estate that may qualify for simplified probate procedures because its value falls below a state-specific threshold or meets certain legal requirements.

Related Terms

probate-estate inventory heir

You May Also Want To Learn

Probate Estate

The assets and liabilities subject to probate administration.

Inventory

A record of estate assets and values.

Heir

A person who may inherit from an estate when there is no valid will.

Frequently Asked Questions

What is a small estate process?

A small estate process is a simplified probate or transfer procedure available in some states when the estate value is below a certain threshold and other requirements are met.