Rule 88: Payment of the Debts of the Estate скачать в хорошем качестве

Rule 88: Payment of the Debts of the Estate

After an estate is inventoried and its assets determined, the next crucial step is the payment of debts and obligations. Under Rule 88 of the Rules of Court, the executor or administrator must ensure that all valid claims, expenses, and taxes are properly settled before distributing the remaining estate to the heirs. This NotebookLM AI Explainer by LexAI breaks down: ⚖️ Order of payment of debts and obligations 💰 When and how estate properties may be sold to satisfy debts 🏛️ Duties of the court and the executor or administrator in payment proceedings 📜 Rights of creditors and protection of heirs Understand how Rule 88 ensures fairness, legality, and order in the settlement of the decedent’s financial responsibilities. 👉 Subscribe for more AI-powered explainers and jurisprudence breakdowns with LexAI × NotebookLM. #Rule88 #SpecialProceedings #RulesOfCourt #LexAI #NotebookLM #LegalExplainer #PhilippineLaw #Bar2025 #CivilProcedure