Section 7 Bond

LibraryIndependent Administration of Estates 2011

 2 
A bond is required for independent administration unless waived in the will or waived by the court. Because there may not be a judicial discharge, the bond of an independent personal representative must remain in effect for six months after the expiration of time for filing objections to the statement of account. See §26 of Chapter 5.

When independent administration is created by consent, some courts will permit the devisees or...

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