On December 04, 2017 a
No Value
was filed
involving a dispute between
Quilliam Vern O,
and
for Decedent's Estate (General Jurisdiction)
in the District Court of Los Angeles County.
Preview
Electronically FILED by Superior Court of California, County of Los Angeles 1/22/2018 12:27 PM Sherri R. Carter, Executive Officer/Clerk, By Samantha Spawton, Depu
DE-147
ATTORNEY OR PARTY WITHOUT ATTORNEY (Name, siafe Der numbel, and addless) FOR COURT USE ONLY
Scott A. Bourdelais (State Bar # 105496)
‘Bourdelais Law Office
2060 N. Tustin Ave., Santa Ana, CA 92705
A
TELEPHONE N0 (7 1 4) 541 -9569 FAX N0 (Optional)
E-MAIL ADDRESS (Optional)
AWORNEY FOR
(Name) Vern O.
QuilliamLAdministrator
SUPERIOR COURT 0F CALIFORNIA, COUNTY 0F LOS ANGELES
STREET ADDRESS North Hill Street
1 l 1
MAILING ADDRESS North Hill Street
1 1 1
cm AND ZIP cooE Los Angeles 900 1 2
BRANCH NAME Central
ESTATE 0F (Name).-
Dennis O. Quilliam, AKA Dennis Oliver Quilliam DECEDENT
“SE ”UMBER
DUTIES AND LIABILITIES 0F PERSONAL REPRESENTATIVE
and Acknowledgment of Receipt 1 751310820
DUTIES AND LIABILITIES OF PERSONAL REPRESENTATIVE
When the court appoints you as personal representative of an estate, you become an officer of the court and assume
certain duties and obligations. An attorney is best qualified to advise you about these matters. You should understand the
following:
1. MANAGING THE ESTATE'S ASSETS
a. Prudent investments
You must manage the estate assets with the care of a prudent person dealing with someone else's property. This
means that you must be cautious and may not make any speculative investments.
b. Keep estate assets separate
You must keep the money and property in this estate separate from anyone else's, including your own. When you
open a bank account for the estate, the account name must indicate that is an estate account and not your personal
it
account. Never deposit estate funds in your personal account or otherwise mix them with your or anyone else's
property. Securities in the estate must also be held in a name that shows they are estate property and not your
personal property.
c. lnterest-bearing accounts and other investments
Except forchecking accounts intended for ordinary administration expenses, estate accounts must earn interest. You
may deposit estate funds in insured accounts in financial institutions, but you should consult with an attorney before
making other kinds of investments.
d. Other restrictions
There are many other restrictions on your authority to deal with estate property. You should not spend any of the
estate‘s money unless you have received permission from the court or have been advised to do so by an attorney.
You may reimburse yourself for official court costs paid by you to the county clerk and for the premium on your bond.
Without prior order of the court, you may not pay fees to yourself or to your attorney, if you have one. If you do not
obtain the court's permission when is required, you may be removed as personal representative or you may be
it
required to reimburse the estate from your own personal funds, or both. You should consult with an attorney
concerning the legal requirements affecting sales, leases, mortgages, and investments of estate property.
2. INVENTORY OF ESTATE PROPERTY
a. Locate the estate's property
You must attempt to locate and take possession of all the decedent's property to be administered in the estate.
b. Determine the value of the property
You must arrange to have a court-appointed referee determine the value of the property unless the appointment is
waived by the court. You. rather than the referee, must determine the value of certain "cash items." An attorney can
advise you about how to do this.
c. File an inventory and appraisal
Within four months after Letters are first issued to you as personal representative, you must file with the court an
inventory and appraisal of all the assets in the estate.
Page 1 of Z
Ffingd’i‘ggpé‘oigfixfgmflngse DUTIES AND LIABILITIES OF PERSONAL REPRESENTATIVE Mb“ C°°°' 534°“
newmev January 1‘ 2002) (Probate)
LexisNexixiC Automated California Judmal ('ouncil Farms
Document Filed Date
January 22, 2018
Case Filing Date
December 04, 2017
Category
Decedent's Estate (General Jurisdiction)
Status
Court Supervision Terminated 01/31/2019
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