Celebrating Easter Day With You! | Lenten Celebration Message 2020

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Gloria in Excelsis Deo

Alleluia, Our lord and savior Jesus Christ has risen again as we celebrate Easter Sunday with high hopes and new beginning.


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What You Should Know About Estate Settlement?

Sharing my thoughts for those who still want to apply for Tax Amnesty on real properties, stocks / shares and others of their deceased decedents. Below was taken from the Rules of Court under the Philippine laws.

RULE 74

Summary Settlement of Estate

Section 1. Extrajudicial settlement by agreement between heirs. — If the decedent left no will and no debts and the heirs are all of age, or the minors are represented by their judicial or legal representatives duly authorized for the purpose, the parties may without securing letters of administration, divide the estate among themselves as they see fit by means of a public instrument filed in the office of the register of deeds, and should they disagree, they may do so in an ordinary action of partition. If there is only one heir, he may adjudicate to himself the entire estate by means of an affidavit filled in the office of the register of deeds. The parties to an extrajudicial settlement, whether by public instrument or by stipulation in a pending action for partition, or the sole heir who adjudicates the entire estate to himself by means of an affidavit shall file, simultaneously with and as a condition precedent to the filing of the public instrument, or stipulation in the action for partition, or of the affidavit in the office of the register of deeds, a bond with the said register of deeds, in an amount equivalent to the value of the personal property involved as certified to under oath by the parties concerned and conditioned upon the payment of any just claim that may be filed under section 4 of this rule. It shall be presumed that the decedent left no debts if no creditor files a petition for letters of administration within two (2) years after the death of the decedent. The fact of the extrajudicial settlement or administration shall be published in a newspaper of general circulation in the manner provided in the nest succeeding section; but no extrajudicial settlement shall be binding upon any person who has not participated therein or had no notice thereof.

Dabbling into Real Estate: An Introduction to the Basics of Real Estate Investing For Beginners

It has been more than 10 years now since I have attended the TRP seminar by Dr. Larry Gamboa. In my reflection as a real estate professional it has been a worthwhile experience to gain the knowledge of doing this method. It does have risks involve and bigger gains to have upon selling the property.