Example: dental hygienist

Probate Exemption Amounts - Estate Planning Mesa

StateProbate Required if Gross Probate Exceeds: Probate Required Without Regard to Column 2, If: Probate Not Required Without Regard to Column 2 or 3, If: StateProbate Required if Gross Probate Exceeds: Probate Required Without Regard to Column 2, If:Alabama$3,000 Michigan$15,000 netAlaska$15,000 Minnesota $20,000 Mississippi $20,000 Missouri$40,000 Montana$20,000 Arkansas $50,000 Nevada$50,000 $10,000 Colorado $27,000 Connecticut $20,000 Any real estateDelaware $20,000 New Mexico $30,000 Oklahoma $60,00 Hawaii$100,000 $25,000 Idaho$25,000 Illinois$50,000 $15,000 Indiana$25,000 $10,000 $25,000 Kansas$10,000 Tennessee $25,000 $50,000 Utah$25,000 $10,000 Washington $60,000 No provisionNo provisionMassachu- settsCar + $15,000 Wisconsin $20,000 Wyoming $70,000 Always.

State Probate Required if Gross Probate Exceeds: Probate Required Without Regard to Column 2, If: Probate Not Required Without Regard to Column 2 or 3, If: State

Tags:

  Exemption, Planning, Estate, Probate, Amounts, Probate exemption amounts, Estate planning

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Other abuse

Transcription of Probate Exemption Amounts - Estate Planning Mesa

1 StateProbate Required if Gross Probate Exceeds: Probate Required Without Regard to Column 2, If: Probate Not Required Without Regard to Column 2 or 3, If: StateProbate Required if Gross Probate Exceeds: Probate Required Without Regard to Column 2, If:Alabama$3,000 Michigan$15,000 netAlaska$15,000 Minnesota $20,000 Mississippi $20,000 Missouri$40,000 Montana$20,000 Arkansas $50,000 Nevada$50,000 $10,000 Colorado $27,000 Connecticut $20,000 Any real estateDelaware $20,000 New Mexico $30,000 Oklahoma $60,00 Hawaii$100,000 $25,000 Idaho$25,000 Illinois$50,000 $15,000 Indiana$25,000 $10,000 $25,000 Kansas$10,000 Tennessee $25,000 $50,000 Utah$25,000 $10,000 Washington $60,000 No provisionNo provisionMassachu- settsCar + $15,000 Wisconsin $20,000 Wyoming $70,000 Always.

2 Unless mutual distributionNo provisionKentuckyPersonal representative must post bond if $10,000 or more after expenses$30,000 net of secured debtsMarylandAlways unless (1) intestate and (2) mutual distribution agreedNo provisionGeorgia$10,000, $15,000 or $50,000 depending on who requestsIowaProbate Exemption AmountsNo administration if nonexempt personal property does not exceed funeral expenses and expenses of last illness; Summary if decedent dead for two years$25,000 for Summary Administration (but Family Administration may be available if under $60,000)FloridaAny real propertySouth CarolinaSouth DakoktaWest VirginiaTexasAny real propertyVermontAny real property(In some circumstances may be up to $100,000)$35,000 Ohio$50,000 personalty, $90,000 real propertyOregonAny real property$20,000 New York$10,000.

3 $20,000 if passing to surviving spouse onlyAny real propertyNorth CarolinaNew JerseyNorth Dakota $15,000 Rhode IslandDistrict of Columbia$40,000 Less than $20,000 net of liens, encumbrances, expenses$20,000 or more net of liens, encumbrances, expenses$20,000 real property, $100,000 personaltyCaliforniaEstate includes over $5,000 in compensation$50,000 ArizonaNebraska $25,000 less liensPenn- sylvaniaNew Hampshire$10,000 to spouse, $5,000 to heirs


Related search queries