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 32 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?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

For a complete list of videos, visit our video library