This topic contains a solution. Click here to go to the answer

Author Question: What would be primary authority as to what is the definition of a holographic will? A) A statute ... (Read 5 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
What would be primary authority as to what is the definition of a holographic will?
 
  A) A statute
  B) A law dictionary
  C) A law review
  D) An encyclopedia on point

Question 2

The personal representative of the Estate of Jack Frost sent out notices to all of the known creditors of the estate. The creditors were: AT&Cell, Discovery Credit Card, Local Newspaper, and ABC Unsecured Loans. AT&T Cell presented a timely claim for 1200, allegedly from 2003 . Discovery Credit Card presented a timely claim for 2,421 . The personal representative also found a Discovery Credit Card in Jack Frost's wallet and received a statement in the mail for the same amount. Local Newspaper sent a bill for 150; however, Jack Frost hated the newspaper and was never known to read it, much less subscribe to it. Finally, ABC Unsecured Loans sent a claim for 500 on 4/1/2014 . The time for creditors to present claims expired on 2/1/2014 . How should the personal representative handle each of the foregoing claims? Fully explain your answer for each claim, including any form that the personal representative should prepare.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmin

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

A

Answer to Question 2

AT&Cell's claim is likely being presented after the statute of limitations expired and may also be an invalid claim. It would be difficult to verify because it is so old. Discovery Credit Card is a valid claim and should be paid. An allowance of claim should be prepared. The claim from Local Newspaper sounds like an incorrect or invalid claim. It is likely that Jack Frost never subscribed to the paper and that the bill was a mistake. The ABC Unsecured Loans claim was presented after the expiration date and should be disallowed for that reason using a disallowance of claim.



SO00

  • Hero Member
  • *****
  • Posts: 568
Both answers were spot on, thank you once again




 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library