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 22 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?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

For a complete list of videos, visit our video library