What is a Waiver of Bond and Nomination of Executor? - Wills and Estates
Full Question:
What does it mean when you are asked to sign a "Waiver of Bond and Nomination of Executor" form by an attorney, representing the executor named in a will?
04/12/2007 |
Category: Wills and Estates |
State: California |
#3028
Answer:
This means that you agree that the Court does not have to require that the Executor post a bond to guarantee the performance of his or her duties and that you have no objection to the appointment of the Executor making the request to be appointed. You should read the form for other things that it could cover in addition to these. This is common procedure in Probate.