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    Extrajudicial Settlement of Estate

    Uploaded by

    Beadle Kentot
    When a person died without a will, the ones left behind must execute a document like this in order to distribute all properties upon themselves, including bank accounts and insurance claims. Please feel free to change the ID needed for the notary. Please put in the necessary details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Extrajudicial Settlement of Estate

    Uploaded by

    Beadle Kentot
    159 views2 pages
    When a person died without a will, the ones left behind must execute a document like this in order to distribute all properties upon themselves, including bank accounts and insurance claims. Please feel free to change the ID needed for the notary. Please put in the necessary details.

    Original Title

    EXTRAJUDICIAL SETTLEMENT OF ESTATE

    Copyright

    © © All Rights Reserved

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    When a person died without a will, the ones left behind must execute a document like this in order to distribute all properties upon themselves, including bank accounts and insurance claims. Please feel free to change the ID needed for the notary. Please put in the necessary details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    159 views2 pages

    Extrajudicial Settlement of Estate

    Uploaded by

    Beadle Kentot
    When a person died without a will, the ones left behind must execute a document like this in order to distribute all properties upon themselves, including bank accounts and insurance claims. Please feel free to change the ID needed for the notary. Please put in the necessary details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    EXTRAJUDICIAL SETTLEMENT OF ESTATE

    KNOW ALL MEN BY THESE PRESENTS:

    This AGREEMENT made end and entered into this _____ day of ________ 20__, in
    _______________________________________, by and between:

    WITNESSETH, that:

    WHEREAS, we are the sole heirs of the deceased (Name of Deceased) who died on
    ____________, at Unit __________________ __ City, copy of his death certificate is hereto
    attached as Annex A;

    WHEREAS, , died intestate, without Will or Testament, and without any outstanding
    debts in favor of any person or entity;

    WHEREAS, _______________ is the co-owner of two parcels of land by reason of


    marriage to ______________ located at no. _________________________ covered by Transfer
    Certificate of Title No. ______ and _______, respectively, of the Registry of Deeds of _____ and
    more particularly described as follows:

    A parcel of land (_____________, of the consolidation and subdivision plan,


    ___________________, )

    WHEREAS, the said deceased, at the time of his death, also left personal property
    consisting of import of money, which is more particularly described as follows:

    (INSURANCE CORPORATION/BANKING CORPORATION/LOAN ASSOCIATION)


    (ACCOUNT NAME)
    (ACCOUNT NUMBER)
    (AVAILABLE BALANCE)

    WHEREAS, pursuant to Rule 74, Sec. 1 of the Revised Rules of Court of the Philippines,
    and being with full capacity to contract, we do hereby adjudicate unto ourselves the parcel of
    land and the said personal property described above, in equal shares.

    IN WITNESS WHEREOF, we hereunto set our hand on the _______ day of


    _________________, ______ at _____________________________________.

    The Heirs of ______________

    ___________________________ ___________________________

    SIGNED IN THE PRESENCE OF:

    ___________________________ ___________________________
    ACKNOWLEDGEMENT
    Republic of the Philippines)
    City of ________________ ) S.S

    BEFORE ME, a Notary Public in and for the City of ______________________, this
    _____ day of ______________, personally appeared:

    Name ID Card(Driver’s License) Valid until/Expires on

    who have satisfactory proven to me their identity that they are the same person who
    executed and voluntarily signed the foregoing EXTRAJUDICIAL SETTLEMENT OF ESTATE
    which they acknowledged before me as their free and voluntarily act and deed.

    The foregoing instrument which relates to an Extrajudicial Settlement of Estate of two


    parcels of land consisting of ___ pages including the page on which this acknowledgement is
    written, has been signed on the left margin of each and every page by the parties and the
    witnesses.

    WITNESS MY HAND AND SEAL, this ____ day of _______________, in the City of
    _______________________, Philippines.

    Doc. No. _______;


    Page No. _______;
    Book No. ______;
    Series of 20____.

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