This case has been cited 1 times or more.
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2007-12-13 |
AUSTRIA-MARTINEZ, J. |
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| The ruling spirit of the probate law is the speedy settlement of estates of deceased persons for the benefit of creditors and those entitled to residue by way of inheritance or legacy after the debts and expenses of administration have been paid.[13] The ultimate purpose for the rule on money claims was further explained in Union Bank of the Phil. v. Santibañez,[14] thus:The filing of a money claim against the decedent's estate in the probate court is mandatory. As we held in the vintage case of Py Eng Chong v. Herrera: | |||||