When someone dies, there are situations that arise where an Affidavit of Domicile must be administered. An Affidavit of Domicile is a legal document filed in a court of law establishing the decedent’s place of residence to transfer assets, file insurance claims and maintain other requirements in settling the estate.
A person who has interest in transferring the assets of a deceased estate will need to file the Affidavit of Domicile. These people of interest include the administer of the estate, an attorney or a survivor.
An Affidavit of Domicile is made by the executor of an estate that certifies a decedent’s place of residence at the time of his or her death. Before financial securities can be transferred from an estate, it must be verified that no liens exist against them in the home state of the decedent.
Brokerage firms and banks may require this form in order to transfer the assets to an heir or to the estate. An insurance company may require an Affidavit of Domicile as part of the claims process.
The purpose of an Affidavit of Domicile is to confirm the location that a person was living at the time of death. This would be the deceased’s legal residence, which may not conform to the address of record on security accounts or insurance records. It is used for shareholder accounts the deceased resided in a different state compared to the address of record. Assets will not be transferred without an Affidavit of Domicile.