Legal Question in Wills and Trusts in Arizona
unsecured promissory note
1991. Promissory note written between lady (loaner) and step-parents Loanee). Due from estate upon death of both step-parents. Stepmother passed away a couple of years ago and stepfather recently deceased. Brother named as executor but brother and sister are not on good terms.
Question? How to obtain a lien against estate to make the note secure. Lady lives in Arizona and estate is in Southern California.
Lady has no current access to internet and is using me. I will pass on message/answer and ?phone number?
Lady has all other documentation.
Thank you
2 Answers from Attorneys
Re: unsecured promissory note
You have to make a creditor's claim against the estate of the stepfather, within the time period allowed for claims after the notice to creditors has been published.
Re: unsecured promissory note
California counsel will need to answer this.
If in Arizona, I would have said to file a Demand for Notice with the court, have contact with the personal representative (executor) to see if the debt will be honored without a lawsuit, if not, file a lawsuit against the estate. Search out an estate attorney in the county where the decedent died, retain the attorney and let the attorney handle it.
Good luck.