When to use Statement of Claim Against Estate
When an individual passes away, it is highly likely that the individual in question has outstanding bills and active accounts under his or her name. Certainly, there are times when, for numerous practical reasons, that individual’s finances have been completely wrapped up in preparation of the inevitable. However, this is rarely the case. When that individual dies, his or her estate then becomes responsible for paying outstanding debts and closing active accounts. The estate administrator is required by law to notify creditors and some additional interested third parties, that the individual has passed away. Once a creditor or service provider receives this notice, it can process a statement of claim against the estate in order to receive necessary payment. If you represent a creditor, a service provider or other legal entity and you have a claim against the estate of a deceased individual, you can use this form to notify the administrator of the estate that you are filing s
If the estate of a deceased individual owes you or your business money, you can use this straightforward for in order to file a formal claim seeking payment. It is worth noting that if the estate of the deceased individual cannot meet all its obligations, you may or may not receive repayment in full. If you have any concerns about your claim against an estate, please do not hesitate to reach out to an attorney with your questions. In addition, take care to keep a copy of your claim request filed away in case you need to reference it again, follow up with the estate administrator or produce it as evidence that the request itself was made on a certain date.