Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Draft or revert the witnesseth below -that their mother (irenea capitle astrero) died intestate on August 20,2022 left a bank account at PS Bank Santiago

Draft or revert the witnesseth below -that their mother (irenea capitle astrero) died intestate on August 20,2022 left a bank account at PS Bank Santiago City with savings account no. 161111015816 -that the heirs appointed their father (Sofronio Astrero) to withdraw the balance of the said bank account -however before withdrawing the said balance, their father died. -the resolution of the bank is to draft a extrajudicial settlement again that the heirs can withdraw the said remaining balances attached below is my draft: (just please add or revert the witnesseth for the missing information)

image text in transcribedimage text in transcribedimage text in transcribed
EXTRAJUDICIAL SETTLEMENT OF ESTATE KNOW ALL MEN BY THESE PRESENTS: This Deed of Extrajudicial Settlement of Estate ("Deed"), was made and executed by and among: 1. JOSEPHINE A. POQUIZ, widow 2 . JOEBERT C. ASTRERO, single 3 . JENNIFER C. SAMON, single 4 . RENATO C. ASTRERO, married to Elizabeth Damian Guerrero All of legal ages, Filipino citizens, and residents of Barangay Oscariz, Ramon, Isabela Philippines 3319. WITNESSETH: That the above-named HEIRS are the only surviving and lawful heirs of SOFRONIO A. ASTRERO, who died intestate on 16 October 2022; Whereas, said decedent was named, constituted and appointed to withdraw the remaining balance of said bank account at Philippine Savings Bank (PS Bank); Whereas, said decedent was named, constituted and appointed to give and grant unto their Attorney-in-Fact full power and authority whatsoever requisite or necessary or proper to be done in or about the premises, as fully to all intents and purposes as they might or could lawfully do if personally present and hereby RATIFYING AND CONFIRMING all that their Attorney-in-Fact shall do or cause to be done under and by virtue of these presents.Whereas, said decedent left a That there are no known debts or obligations due against the estate of the said decedent; That, it is to the very best interest of the parties hereto to adjudicate unto themselves the entire estate extrajudicially in the form and manner hereinafter set forth; NOW THEREFORE, for and in consideration of the foregoing premises and invoking the provision of Sec. 1 Rule 74 of the Rules of Court, the said HEIRS above named have agreed to settle the estate extra judicially and to this effect do hereby partition and adjudicate the same unto themselves and the foregoing inheritance, subject however to the liabilities imposed by Sec. 4, Rule 74 of the Rules of Court for a period of two years in favour of any other possible heirs, creditors or any other person deprived of the lawful participation over the said estate of the deceased and encumbrances; The parties agree to publish this instrument in a newspaper of general circulation in the City of Santiago, Province of Isabela once a week for three consecutive weeks. In the remote event that any other property of the decedent should ever be found which not included hereinabove is, the HEIRS hereto further agree as they do so agree to settle and distribute the same in like manner and proportion as herein established and disposed. That the HEIRS hereby covenant and further warrant that should there be preterit ion or omission of one, some, or all of the compulsory heirs in the direct line, whether living or not at the time of the execution of this Deed, will not invalidateg'nullify the terms and conditions of this Deed. Instead, the HEIRS shall proportionately oblige themselves to pay to the omitted Heirs or the latters' heir{s) the share which belongs to himjthem, in accordance with the rules of succession under the Civil Code of the Philippines. JOSEPHINE A. POQUIZ JOEBERT C. ASTRERO Heir Heir Passport No. P7098068A Passport No. P8588768A Valid Until 05f9j2028 Valid Until 09f3f2028 JENNIFER C. SAMON RENATO C. ASTRERO Heir Heir Passport No. AM216163 Driver's License No. P0214000366 Valid Until 12/4l2029 Valid Until 10H 3/2024 IN WITNESS WHEREOF, I have hereunto affix my signature this 21St day of October 2022, at Santiago City, Philippines. SIGNED IN THE PRESENCE OF: ACKNOWLEDGEMENT Republic of the Philippines) Santiago City )S.S BEFORE ME this 215' day of October 2022 at Santiago City, Philippines, personally appeared the following persons, who are identified by me through competent evidence of identity: Name Competent Evidence of Identity Validity JOSEPHINE A. POQUIZ Passport No. P7098068A 05/9/2028 JOEBERT C. ASTRERO Passport No. P8588768A 09/3/2028 JENNIFER C. SAMON Passport No. AM216163 12/4i2029 Driver's License No. RE NATO C. ASTRERO P0214000366 10/13f2024 known to me and to me made known to be the same persons who executed the foregoing instrument and acknowledged to me that the same is their own free voluntary act and deed. This instrument refers to a Deed of Extraiudicial Settlement of Estate of consisting of three (3) pages including this page on which the acknowledgment is written and duly signed by the parties and their instrumental witnesses. WITNESS MY HAND AND NOTARIAL SEAL on the date and place first above written. Doc No. - 1 Page No. ; Book No. - Series Of 2022

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Criminal Law And Its Processes Cases And Materials

Authors: Sanford H. Kadish, Stephen Schulhofer, Rachel E. Barkow

11th Edition

1543810772, 978-1543810776

More Books

Students also viewed these Law questions