[WSBAPT] probate petition where assets unclear

Katharine P. Bauer kpb at bpblegal.com
Mon Oct 12 17:19:07 PDT 2015


I often use: " Assets exceed debt by at least $20,000" as a generic
statement of solvency.  No need to put in other details and alert
"observers" as to size of estate.
On Oct 12, 2015 4:59 PM, "Robert R. Cole" <cole-gilday at stanwoodlaw.net>
wrote:

> In Snohomish County for the probate of a Will they accept very general
> statements (over $xx,xxx) but in an administration without a Will they want
> specifics.
>
> Very Truly Yours,
>
> Robert R. Cole
>
> Law Office of Cole & Gilday, P.C.
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> On 10/12/2015 3:02 PM, Melinda Grout wrote:
>
> 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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