Bill > HB164

This bill amends Mississippi Code Section 91-7-322 to increase the value threshold for probate estates that can use a successor affidavit from $75,000 to $100,000. The bill allows certain family members (such as a spouse, children, grandchildren, parents, or siblings) to claim a deceased person's property through a simplified process when the estate's total value is below $100,000. The affidavit must state that 30 days have passed since the person's death, no personal representative has been appointed, and provide details about the successor's relationship to the deceased. This process enables successors to collect debts, transfer personal property, and handle financial instruments without going through a full probate court proceeding. The bill provides specific rules about who can use this process, including provisions for minors or incapacitated adults to be represented by guardians or other legal representatives. The changes will take effect on July 1, 2025, potentially making it easier and less expensive for families to settle small estates.

Justice

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0164.xml