What is a small estate affidavit and when is it used?

If a person dies and owns personal assets (bank accounts, certificate of deposits, brokerage accounts, a car or similar asset) which has a combined value of less than $100,000, instead of going thru the time, expense and delay of Probate, an interested person could use a Small Estate Affidavit to acquire control of the assets and pay the decedent’s bills and distribute the remainder to the decedent’s heirs at law.