Louisiana Small Estate Affidavit | Affidavit of Heirship
Louisiana law states that either an affidavit of heirship for personal property, or a small estate form for real estate, aim for a “small succession.” Both types of estates must value $75,000 or less, although if the decedent died over 25 years ago, then there is no financial limit to the value on the estate, as real estate and some types of personal property tend to accrue value over time. The small estate affidavit is a recent addition to Louisiana affidavit and successorship law, and was added in 2009.
Affidavit of Heirship: Louisiana allows family or other successors to claim “small succession” of either personal property or real estate. Affidavits of heirship allow successors to claim a decedent’s personal property, as long as it values at $75,000 or less.
Small Estate Affidavit: The small estate affidavit in Louisiana was updated in 2011 to remove restrictions on what type of property qualified as real estate, which values at $75,000 or less.