[WSBAPT] probate petition where assets unclear

[Sandra Perkins]

I usually say something like: "The assets of the estate exceed $100,000 in
value, and the debts and expenses of administration will not exceed $50,000"
(or whatever numbers will be sure to cover any debts/expenses we know
about).  The Commissioner has never questioned this statement.

Sandra Perkins

Sandra Lynn Perkins, PLLC
1325 Fourth Avenue, Suite 2000
Seattle, WA  98101-2570
Telephone:  (206) 381-8500
Facsimile:  (206) 299-3890
sandra at slplaw.net

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-----Original Message-----
From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Melinda Grout
Sent: Monday, October 12, 2015 3:02 PM
To: WSBA Probate & Trust Listserv
Subject: [WSBAPT] probate petition where assets unclear

Happy Monday.

Petition to open probate would normally recite:  Estate includes:   Real
property $ X, Personal Property $ X.   

However PR does not yet know enough to provide even an estimate of value of
estate (although PR is quite certain estate is solvent).   Therefore, a
statement in the Petition, declared under penalty of perjury, that
“Petitioner does not currently know the value of the probate estate, but
believes, subject to further information, that assets including both real
and personal property exceed liabilities” did not fly with the commissioner.


How would one handle this instead?




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