§ 2537 Notice of Rejection of Claim; Action on Claim; Limitation\r\nPeriod; Lis Pendens; Service
§ 2501 Definition of Personal Representative
§ 2503 Notice to Creditors; Personal Representative to Investigate Decedent\’s Creditors and Mail Notice; Written Notices of Debt, if Timely, Treated as Claims if Subsequently Perfected
§ 2505 Publication of Notice to Creditors; Penalty for Failure to Give Notice Promptly; Time to Present Claims; Effect of Death, Resignation or Removal of Personal Representative
§ 2507 Affidavit of Publication; Extension of Time for Claims
§ 2509 Claims of Personal Representative; Procedure; Action by\r\nJudge; Action on Claim if Rejected
§ 2511 Claims of a Judge; Procedure
§ 2513 Debts of Deceased Spouse; Claims by Surviving Spouse, Representative, Guardian, etc
§ 2519 Claim Founded Upon a Written Instrument; Presentation of\r\nCopy; Secured Claims
§ 2521 Time to File Claims; Claims by Government of Guam and\r\nAgencies or Instrumentalities thereof
§ 2523 When Filing of Claims Not Required: Effect of Decedent\’s\r\nLiability Insurance
§ 2525 Effect of Statute of Limitations
§ 2527 Claim in Action Pending Against Decedent at Time of Death; Effect of Insurance Coverage In Actions for Damages; Continuance of Pending Action
§ 2529 Claims Filed With Clerk; Procedure
§ 2531 Claims Presented to Personal Representative: Procedure
§ 2533 Failure to Act on Claims; Treatment as Rejection; Claims by\r\nNotaries; Action On Timely Claim After Time
§ 2535 Allowed Claims; Status; Contest of Validity; Duties of Clerk; Claim of Surviving Spouse; Allowance; Discharge
§ 2537 v2 Notice of Rejection of Claim; Action on Claim; Limitation\r\nPeriod; Lis Pendens; Service
§ 2539 Vacancy in Administration as Affecting Time Limitations
§ 2543 Partial Allowance of Claim; Costs on Subsequent Action
§ 2545 Referee; Hearing and Report; Powers and Compensation of\r\nReferee; Powers of Court; Effect
§ 2547 Compromise and Settlement of Claims; Procedure; Effect
§ 2549 Acceptance of Deed in Lieu of Foreclosure; Approval
§ 2551 Grants of Partial Satisfaction or Partial Reconveyance; Petition; Notice; Authorization
§ 2553 Costs in Action Against Personal Representative
§ 2555 Status of Judgments Against Estates
§ 2557 Death of Judgment Debtor After Trial: Effect
§ 2559 Death After Entry of Judgment; Execution; Procedure; Redemption
§ 2561 Interest on Claims and Debts
§ 2563 Payment in Specie
§ 2565 Liens or Encumbrances on Homestead
§ 2567 Land Subject to Mortgage
§ 2571 When Claimant Cannot be Found; Deposit in Bank Upon\r\nOrder of Court; Payment to Treasurer of Guam; Escheat
will 560x170

Need help with a review of a will?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In Guam Code > Title 15 > Chapter 25 - Presentation and Payment of Claims Against the Estate

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Docket: A log containing brief entries of court proceedings.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Testator: A male person who leaves a will at death.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Verdict: The decision of a petit jury or a judge.