Title
Increase estate value for summary settlement
Law
Act No. 3370
Decision Date
Dec 3, 1927
Act No. 3370 amends the Code of Procedure in Civil Actions and Special Proceedings to increase the maximum value of estates subject to summary settlement, providing a more efficient process for settling small value estates in the Philippines.
A

Q&A (Act No. 3370)

The maximum value of an estate subject to summary settlement has been increased to six thousand pesos.

An interested person may file a petition for the summary settlement of an estate.

Notice must be given in the ordinary form and by publication once a week for three consecutive weeks in a newspaper of general circulation in the locality or, if not possible, by notices as determined by the Court of First Instance.

No, the court may proceed summarily without appointing an executor or administrator.

Only debts that the court shall then find to be due are paid during the summary settlement process.

They may enter into possession after the court has made the award and partition of the estate and upon furnishing such bond as the court may determine.

Claims must be filed within two years from the date of the court's order upon the docket.

Yes, if the person authorized to file the claim is a minor, mentally incapacitated, in prison, or outside the Philippines on the expiration date, the claim may be presented within one year after such impediments cease to exist.

The court shall make such order as may be just respecting the costs of the proceeding.

They must be recorded in the proper register's office.


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