Oklahoma Small Estate Affidavit Form
The Oklahoma Small Estate Affidavit is a single-page form that lawfully permits a surviving heir to a deceased person to go ahead and collect their possessions from entities that are currently holding them (a bank withholding a savings account, for example). So long the individual completing the form (known as the “successor” or “affiant”) was designated in a will or considered as reasonably connected to them per state law terms, and they complete the form inline with Oklahoma estate law, the document can be used to begin the collection process.
Oklahoma requires successors to wait a minimum of ten (10) days since the death of a decedent and does not permit the use of small estate affidavits if the total value of the estate (assets minus liabilities) is $20,000 or less.
Maximum Estate Value: $20,000
Required Conditions: The following must hold true in order for the form to be used in Oklahoma:
- Ten (10) days since the date of the decedent’s death must have elapsed.
- A personal representative cannot be currently assigned, nor can there be a plan for one to start serving.
- The successor must have a valid reason to serve in the role.
- All of the decedent’s taxes and debts related to the estate must have already be paid and/or accounted for.
- Specific conditions must be upheld to access any deposit made by the decedent in their bank or credit union, or to access their safety deposit box located in a bank or credit union. The conditions pertaining to these cases are outlined in 6 OS § 906.
Oklahoma Form 405.pdf – This form must be completed in order to obtain a motor vehicle that is part of the decedent’s estate.