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<div class="moz-cite-prefix">On 11/21/2014 12:45 PM, Krista MacLaren
wrote:<br>
</div>
<blockquote cite="mid:BC52D6F2-B314-481E-9CAE-A1470057C8A7@mac.com"
type="cite">Thank you to everyone for your responses. Richard, if
I take that approach, am I correct that I don't have to give
notice to the creditors of the hearing for non-intervention powers
unless they requested special notice with their creditor claim?
In this case, that would mean no one receives notice because my
client is the only heir, and no one has requested special notice.</blockquote>
<b><br>
</b><b>That has been my practice, so in your case, you should simply
be able to walk the Ptn for NP through ex parte with no noticed
hearing.</b> <b><a
href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.28.240">RCW
11.28.240(1)(b)</a></b>.<br>
<br>
<br>
<blockquote cite="mid:BC52D6F2-B314-481E-9CAE-A1470057C8A7@mac.com"
type="cite">
<div><br>
</div>
<div>Krista<br>
<div>
<div>On Nov 20, 2014, at 8:56 AM, Richard Wills wrote:</div>
<br class="Apple-interchange-newline">
<blockquote type="cite">
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<div bgcolor="#FFFFFF" text="#000000"> <b>Krista --- In
your circumstance, what I've done is:</b><b><br>
</b>
<ul>
<li><b>Petition the Court for & obtain
Nonintervention Powers, based on the expiration of
the claims period & the estate's solvency
thereafter.</b></li>
<li><b>Send a letter to the invalid (eg, late) claimants
explaining why their claims are barred & won't
be paid.</b></li>
<li><b>Negotiate with the valid claimants & pay off
their claims in the negotiated amounts (in my
experience, claimants typically accept 50-90% of
their claimed amount so long as they can be paid
promptly; I've had loads of claims by DCM Services,
who, in my experience, are the most hardball,
typically unwilling to accept less than 80-90% of
their claims --- most others are in the range of
50-75%).</b></li>
<li><b>Close with a Decl of Completion.</b></li>
<li><b>Distribute what remains to the heirs.</b></li>
</ul>
<p><b>I do my best to avoid a Ptn for Final Distribution
unless the estate is truly insolvent & can't be
made solvent, as that action is time consuming &
expensive. It's just a lot simpler & cheaper to
get Nonint Powers if there's any way to make the
estate solvent. For example, I've written claimants
telling them they will get little or nothing if the
estate remains insolvent & asking them to release
their claim or settle it for pennies so the estate can
become solvent & Nonint Powers may be obtained, so
the estate may be closed cheaply & efficiently.</b><br>
</p>
<p><br>
</p>
<div class="moz-cite-prefix">On 11/19/2014 2:20 PM, Krista
MacLaren wrote:<br>
</div>
<blockquote
cite="mid:F1E9FEA0-E2C4-445B-A982-34E13641D098@mac.com"
type="cite">Hi Listmates:
<div><br>
</div>
<div>I have what was considered an insolvent estate upon
opening the probate. The creditor claim period has
now passed, and many creditors did not file claims
(although actual notice was given to all), so there
may be some money left over for the sole heir. I am
trying to decide if it is better to go ahead and
accept the few filed claims and pay them, and perhaps
send a rejection to a debt collection agency that
failed to file a claim but sent demand letters during
the claim period, and then file a verified final
report and petition for distribution and closing, OR
to wait to accept or pay claims, file a verified
report and petition asking the court to approve
payment of the claims, approve rejection/ignoring of
any other creditors (who failed to file claims),
payment of attorney fees, funeral expenses, etc., and
discharge of PR after paying creditors.</div>
<div><br>
</div>
<div>Suggestions?</div>
<div><br>
</div>
<div>Thanks so much!</div>
<div>Krista</div>
<div><br>
</div>
<br>
<br>
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<div style="word-wrap: break-word;
-webkit-nbsp-mode: space;
-webkit-line-break: after-white-space; ">Krista
J. MacLaren<br>
Attorney at Law<br>
Northgate Executive Center II<br>
9725 3rd Ave NE, Suite 600<br>
Seattle, WA 98115<br>
(206)523-6116<br>
<a moz-do-not-send="true"
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