We are running Window Live Mail 2012 and Windows 7.   On 12/15/2015 I did the KB... update per the Microsoft email. 

One account (of four) had problems sending and receiving email, so today I installed the revised KB... update to Windows Live Mail 2012. 

The email account still had problems sending and receiving email.  I deleted and re-added that account.  NOW, that account is missing a DRAFTS folder.  Any drafts created go into the "Storage Folders" "Drafts" folder.  How can I add the Drafts folder itself to this Windows Live account.  The folder does exist in Outlook, just not in Windows Live Mail. 

Thanks.