Have you ever heard of a Last Will and Testament? What do you think happens when you encounter this here in the Philippines? Atty. Erwin, what is the first thing that comes into mind when we think of Wills?
Let me guess…may malaking sala. Everyone is seated. Nakaitim lahat. Darating na si Attorney na matanda. Naka black suit. May dalang malaking attache case. Bubuksan. Babasahin yung Will…Tapos…
Is it really like that? Our question for today comes from Emily S. who asks:
“Attorney, please advise us. My father died 6 months ago due to Covid. We found a handwritten Will among his things. The Will says that it leaves 2 of his properties to my mom, to me and my siblings. Can we submit my dad’s Will to the property registration office so that they can transfer the titles to us? Our relatives say that we should submit it to court. Is that true? Please help clarify our next steps should be.”
If you are in a similar situation as Emily, stay tuned as we answer her question.
This video was brought to you by the Estate Settlement Guide. The fastest way to orient surviving family members when a loved one passes away. You will learn the basics of succession to know who can inherit and how much. It will guide you through the next steps your family needs to take so you don't incur penalties and you transfer the property to the heirs properly. Protect your family legacy! Avoid unnecessary penalties!
Go to info.legalguide.ph/estate to learn more.
What to do with it?
Welcome to Legal Guide Philippines where we simplify the law to help you make better choices. I'm Atty. Ramon Ramirez and I'm with my partner, Atty. Erwin Zagala.
So today, we're talking about estate settlement. Particularly, we’re talking about what Emily should do next. They found a will but they don’t know what to do with it. So how can we help Emily?
Here’s what you’ll learn in this episode:
- What is the difference between Testamentary and Intestate Succession, judicial and extrajudicial.
- What is Probate?
- What happens when the will is found invalid?
- What is the general process after probate?
For most of you, this video was more than enough, and if it makes your life easier, then you're welcome. But there are some of you who will watch this video and end up asking more questions, such as, Attorney, what if there is no Will? Or Attorney, what if the people mentioned in the will are from a second family? Or, Attorney, how do we make sure that the sharing in the Will is legal?
If that's you, then I invite you to check out the "Estate Settlement Guide" workshop where we in as little as 1 hour, we give you a crash course on succession law and a general roadmap of the entire estate settlement framework. With this guide, you will know exactly where you are in the process regardless of whether you are doing it on your own or if you have hired someone to assist you. You can access this workshop at info.legalguide.ph/estate today.
Now, to add to that, if you want us to tackle your question in our show, as we did for Julianne, go to www.legalguide.ph and click the submit topic button. Next, we'd like to know what's your biggest takeaway from today's video, so please write it down in the comments and let's talk about it. Last, if you feel we've earned a good rating, please give us a like and subscribe because it gives us feedback that we're doing a good job, and it encourages us to do more videos.
One last thing...a Will is a fantastic way to leave a legacy to your loved ones. It leaves little doubt as to your intentions of how you want to care for them when you pass, preventing arguments and misunderstanding. At the very least, can serve as a final opportunity for us to communicate to them. The law has given us a way to plan ahead for your future and the future of your loved ones. Let’s make the most of it.
So wasn't that simple? Now go make better choices