On November 01, 2021 a
Duties & Liabilities of Personal Representative Filed
was filed
involving a dispute between
Gonzales, Lorena Serrano,
and
for Petition for Letters of Administration
in the District Court of San Bernardino County.
Preview
\y DE-1 47
.
ATTORNEY OR PARTY WITHOUT ATTORNEY (Name, FOR COURT USE ONLY
— CHRI ST INA FERRANTE 8 O O 3 O
state bar number. and address):
ATTORNEY AT LAW
10700 CIVIC CENTER DR., SUITE 200 F
RANCHO CUCAMONGA, CA 91730 S’époERIOR
I L
COURTOF CALIFURW
E E}
_
TELEPHONE N0; (9O 9) 98 9-9923 FAX (909) No.(0priona/): 4 66-0318 SAUQ'FIZRFAS/w
..r:
(B.EBNAEDWC
.
hdmnig-rwicur
E-MAIL ADDRESS (Optional):
ATTORNEY Fonavame): Lorena Serrano Gonzales NOV 01 20:51
SUPERIOR COURT 0F CALIFORNIA, COUNTY 0F SAN BERNARDINO
STREETADDRESS: 24 7 W THIRD ST
MAILING ADDRESS: SAME
. .
BYߤ&(
SA Wigmm
r 43 I
w,
q’NA
I
EU ‘
CITY AND ZIP CODE: SAN BERNARDINO CA 92 4 l 5 - 0 2 l 2 '
DEPUTY
,
BRANCH NAME: SBJC
ESTATE 0F (Name).-
RAFAELA HERRERA
DECEDENT
DUTIES AND LIABILITIES OF PERSONAL REPRESENTATIVE CASE NUMBER:
_.
PRES ‘3 IE
I
CT.
and Acknowledgment of Receipt ’3
USE: '5?
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 checking accounts intended for ordinary administration expenses, estate accounts must earn interest. You
for
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, you have one. If you do not if
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 inthe estate. page1 ofz
Form A_dopted for Mandatory Use DUTIES AND L'ABILITIES OF PERSONAL REPRESENTATIVE Probake Code, 58404
Judmnal Councul of California
DE-147 Essential (Probate)
[Rev. January 1, 2002]
CEB
«mm Jam GON zALEs, LORENA SERRANO
'ESTATE 0F (Name): CASE NUMBER:
_RAFAELA HERRERA
DECEDENT
wam
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mp
w n 3333.FM!
.
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d. File a change of ownership
At the time you file the inventory and appraisal, you must also file a change of ownership statement with the county
recorder or assessor in each county where the decedent owned real property at the time of death, as provided in
section 480 of the California Revenue and Taxation Code.
3. NOTICE TO CREDITORS
You must mail a notice of administration to eachcreditor of the decedent within four months after your appointment
known
as personal representative. If the decedent received Medi-Cal assistance, you must notify the State Director of Health
Services within 90 days after appointment.
4. INSURANCE
You should determine that there is appropriate and adequate insurance covering the assets and risks of the estate.
Maintain the insurance in force during the entire period of the administration.
5. RECORD KEEPING
a. Keep accounts
You must keep complete and accurate records of each financial transaction affecting the estate. You wi|| have to
prepare an account of all money and property you have received, what you have spent, and the date of each
transaction. You must describe in detail what you have left after the payment of expenses.
b. Court review
Your account will be reviewed by the court. Save your receipts because the court may ask to review them. If you do not
file your accounts as required, the court will order you to do so. You may be removed as personal representative if you
fail to comply.
6. CONSULTING AN ATTORNEY
Ifyou have an attorney, you should cooperate with the attorney at all times. You and your attorney are responsible for
completing the estate administration as promptly as possible. When in doubt, contact your attorney.
NOTICE: 1. This statement of duties and liabilities is a summary and is not a complete statement of the law.
Your conduct as a personal representative is governed by the law itself and not by this summary.
2. If you fail to perform your duties or to meet the deadlines, the court may reduce your
compensation, remove you from office, and impose other sanctions.
ACKNOWLEDGMENT OF RECEIPT
1. l have petitioned the court to be appointed as a personal representative.
2. My address and telephone number are (specify):
2537 S QUAKER RIDGE PL
. .
ONTARIO, CA 917 61
3. I acknowledge that I have received a copy of this statement of the duties and liabilities of the office of personal
representative.
Data
(O “6| v 9094
LORENA SERRANO GONZALES ’
Date:
(TYPE 0R PRINT NAME)
U (SIGNATURE 0F PETITIONER)
D
(TYPE OR PRINT NAME) (SIGNATURE OF PETITIONER)
CONFIDENTIAL INFORMATION: If required to do so by local court rule, you must provide your date of birth and driver's
license number on supplemental Form DE-1 47S. (Prob. Code, § 8404(b).)
95—147 [Rev January 1, 2002] DUTIES AND LIABILITIES OF PERSONAL REPRESENTATIVE Pagezorz
CEB" Essemlal (Probate)
am". ‘
???M‘ GONZALES, LORENA SERRANO
Document Filed Date
November 01, 2021
Case Filing Date
November 01, 2021
Category
Petition for Letters of Administration
Status
Under Court Supervision
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Preview
\y DE-1 47 . ATTORNEY OR PARTY WITHOUT ATTORNEY (Name, FOR COURT USE ONLY — CHRI ST INA FERRANTE 8 O O 3 O state bar number. and address): ATTORNEY AT LAW 10700 CIVIC CENTER DR., SUITE 200 F RANCHO CUCAMONGA, CA 91730 S’époERIOR I L COURTOF CALIFURW E E} _ TELEPHONE N0; (9O 9) 98 9-9923 FAX (909) No.(0priona/): 4 66-0318 SAUQ'FIZRFAS/w ..r: (B.EBNAEDWC . hdmnig-rwicur E-MAIL ADDRESS (Optional): ATTORNEY Fonavame): Lorena Serrano Gonzales NOV 01 20:51 SUPERIOR COURT 0F CALIFORNIA, COUNTY 0F SAN BERNARDINO STREETADDRESS: 24 7 W THIRD ST MAILING ADDRESS: SAME . . BYfl§&( SA Wigmm r 43 I w, q’NA I EU ‘ CITY AND ZIP CODE: SAN BERNARDINO CA 92 4 l 5 - 0 2 l 2 ' DEPUTY , BRANCH NAME: SBJC ESTATE 0F (Name).- RAFAELA HERRERA DECEDENT DUTIES AND LIABILITIES OF PERSONAL REPRESENTATIVE CASE NUMBER: _. PRES ‘3 IE I CT. and Acknowledgment of Receipt ’3 USE: '5? 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 checking accounts intended for ordinary administration expenses, estate accounts must earn interest. You for 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, you have one. If you do not if 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 inthe estate. page1 ofz Form A_dopted for Mandatory Use DUTIES AND L'ABILITIES OF PERSONAL REPRESENTATIVE Probake Code, 58404 Judmnal Councul of California DE-147 Essential (Probate) [Rev. January 1, 2002] CEB «mm Jam GON zALEs, LORENA SERRANO 'ESTATE 0F (Name): CASE NUMBER: _RAFAELA HERRERA DECEDENT wam “"“LWW e mp w n 3333.FM! . g L: V d. File a change of ownership At the time you file the inventory and appraisal, you must also file a change of ownership statement with the county recorder or assessor in each county where the decedent owned real property at the time of death, as provided in section 480 of the California Revenue and Taxation Code. 3. NOTICE TO CREDITORS You must mail a notice of administration to eachcreditor of the decedent within four months after your appointment known as personal representative. If the decedent received Medi-Cal assistance, you must notify the State Director of Health Services within 90 days after appointment. 4. INSURANCE You should determine that there is appropriate and adequate insurance covering the assets and risks of the estate. Maintain the insurance in force during the entire period of the administration. 5. RECORD KEEPING a. Keep accounts You must keep complete and accurate records of each financial transaction affecting the estate. You wi|| have to prepare an account of all money and property you have received, what you have spent, and the date of each transaction. You must describe in detail what you have left after the payment of expenses. b. Court review Your account will be reviewed by the court. Save your receipts because the court may ask to review them. If you do not file your accounts as required, the court will order you to do so. You may be removed as personal representative if you fail to comply. 6. CONSULTING AN ATTORNEY Ifyou have an attorney, you should cooperate with the attorney at all times. You and your attorney are responsible for completing the estate administration as promptly as possible. When in doubt, contact your attorney. NOTICE: 1. This statement of duties and liabilities is a summary and is not a complete statement of the law. Your conduct as a personal representative is governed by the law itself and not by this summary. 2. If you fail to perform your duties or to meet the deadlines, the court may reduce your compensation, remove you from office, and impose other sanctions. ACKNOWLEDGMENT OF RECEIPT 1. l have petitioned the court to be appointed as a personal representative. 2. My address and telephone number are (specify): 2537 S QUAKER RIDGE PL . . ONTARIO, CA 917 61 3. I acknowledge that I have received a copy of this statement of the duties and liabilities of the office of personal representative. Data (O “6| v 9094 LORENA SERRANO GONZALES ’ Date: (TYPE 0R PRINT NAME) U (SIGNATURE 0F PETITIONER) D (TYPE OR PRINT NAME) (SIGNATURE OF PETITIONER) CONFIDENTIAL INFORMATION: If required to do so by local court rule, you must provide your date of birth and driver's license number on supplemental Form DE-1 47S. (Prob. Code, § 8404(b).) 95—147 [Rev January 1, 2002] DUTIES AND LIABILITIES OF PERSONAL REPRESENTATIVE Pagezorz CEB" Essemlal (Probate) am". ‘ ???M‘ GONZALES, LORENA SERRANO