The Louisiana State Legislature increased the estate value for the small succession process to $125,000.00. In order to transfer ownership of any property after the death of a loved-one, the heirs must meet all of the small succession requirements, including that your decedent passed away without a Will (intestate); or with a Will (testate) probated in another state.
If the value of the estate is less than $125,000.00, the process is simple and the heirs record an Affidavit of Small Succession to effect the transfer of all property. No formal succession needs to be opened under the above circumstances.
A Notary, as opposed to an attorney, can prepare an Affidavit of Small Succession at minimal cost.