Digest: The Act expands the list of estates that can use the simple estate process and changes how the values of those estates are added up. The Act also keeps the current probate filing fees for the new type of simple estates. (Flesch Readability Score: 70.4). [Digest: The Act changes the limits on the fair market value of assets for simple estates. (Flesch Readability Score: 67.5).] [Modifies the fair market value limitations for simple estate affidavits.] Expands the types of estates that may use the simple estate process to administer a decedent's estate. Modifies the calculation of fair market values of assets and retains application of the current probate filing fees for the new type of simple estates. Directs the State Court Administrator to adjust asset value limitations for the new type of simple estates annually for inflation.

Statutes affected:
Introduced: 114.510
A-Engrossed: 114.510, 114.515, 21.145, 21.170, 114.525, 238.390