Jeffrey Mentzos 2076 Views June 25, 2020 Business, News As of January 2020, an estate with assets valued at $166,250.00 or less, excluding certain types of assets, is considered a Small Estate. (Prob. Code 13100) Affidavit Re Real Property of Small Value (Less than $55,425.00); (Prob. Code 13200) Share: Previous Federal Estate/Gift Tax Exemption for 2020