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<body class='hmmessage'><div dir='ltr'>Jayne,<BR> <BR>There are a number of traps here, but one thing that jumps out is the PR living in the house. Under well established Washington law, the house is an asset of the Estate and the PR should pay the Estate fair rent (if not already). If the PR wasn't paying rent and a creditor became aware of this situation I could see a motion to enforce.<BR> <BR>Steve<br> <BR><div><hr id="stopSpelling">Date: Wed, 27 May 2015 11:20:58 -0700<br>From: jgilbertatty@gmail.com<br>To: wsbapt@lists.wsbarppt.com<br>Subject: [WSBAPT] Estate Became Insolvent-RP Only Asset-Just above Water<br><br><div dir="ltr"><div><div style="font-size: medium;"><div><div><div tabindex="-1"><div style="width: 1011px;"><div><div id="ecx:o1"><div><div><div style="font-size: 12.8px;">I posted something similar to this last week and only got one response. Dear</div><div style="font-size: 12.8px;">listserv people <span style="font-size: 12.8px;">if you have any thoughts, please respond:</span></div><div style="font-size: 12.8px;"><br></div><div style="font-size: 12.8px;">QP: There is not enough equity to pay General Creditors. PR will be filing a Notice of </div><div style="font-size: 12.8px;">Apparent Insolvency. After the mortgage has been paid and the cost of a sale has</div><div style="font-size: 12.8px;">been paid, there will be between $2,500-$4,000.00 left for Creditors at best</div><div style="font-size: 12.8px;"><br></div><div style="font-size: 12.8px;">When the Creditors have all received Notice of Insolvency and Notice is Filed with</div><div style="font-size: 12.8px;">the Court can the PR resign, quit or otherwise walk away from the Probate? If so</div><div style="font-size: 12.8px;">what kind of Motion does the PR bring?</div><div style="font-size: 12.8px;"><br></div><div style="font-size: 12.8px;">Or does the PR simply inform the Creditors of her intent to "walk away" or does </div><div style="font-size: 12.8px;">it require a Court Order?</div><div style="font-size: 12.8px;"><br></div><div style="font-size: 12.8px;">Would your answer change if the PR lives in the house at present with the</div><div style="font-size: 12.8px;">Beneficiary's consent? And the mortgage Company is initiating Foreclosure?</div><div style="font-size: 12.8px;"><br></div><div style="font-size: 12.8px;">The PR is not a Beneficiary or an heir</div><div style="font-size: 12.8px;"><br></div><div style="font-size: 12.8px;">Would a Deed in Lieu for the Benefit of the Estate be a possible answer or</div><div style="font-size: 12.8px;">does that conflict with my duties as attorney to the PR and attorney to the</div><div style="font-size: 12.8px;">person who happens to be the PR?</div><div style="font-size: 12.8px;"><br></div><div style="font-size: 12.8px;"><br></div><div id="ecx:sf" style="font-size: 12.8px;"><div id="ecx:o0" style="overflow: hidden;"><div dir="ltr"><div><div style="border-radius: 0px; width: 943px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px;"><div style="border-radius: 0px; padding-top: 0px; border-top-color: rgb(216, 216, 216); border-bottom-color: rgb(216, 216, 216); border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px;"><div style="padding-bottom: 20px; padding-left: 8px;"><div><div style="padding-bottom: 5px; font-size: 12.8px;"><div style="overflow: hidden;"><div dir="ltr"><div style="font-size: medium;"><div style="width: 875px;"><div style="font-size: 12.8px;"><div style="overflow: hidden;"><div dir="ltr"><div><br></div><div><br></div><div>The PR is not a beneficiary or heir.</div><div><br></div><div>This is my first and hopefully, last Insolvent Estate.</div><div><br></div><div>Thank you very much for reading this request for guidance. </div><div>I do appreciate it</div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>-- <br><div class="ecxgmail_signature"><div>*************************************************</div>
<div>Jayne Marsh Gilbert</div>
<div>Gilbert and Gilbert Lawyers, PS</div>
<div>(360) 336-9515</div>
<div>*************************************************</div></div>
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