court_form | California
DE-111(A-3e) - Waiver of Bond by Heir or Beneficiary
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Waiver of Bond by Heir or Beneficiary
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Form ID: DE-111(A-3e) Title: Waiver of Bond by Heir or Beneficiary Effective Date: 2017-07-01 Mandatory Form: yes Info Page: https://selfhelp.courts.ca.gov/jcc-form/DE-111(A-3e) Primary Download URL: https://www.courts.ca.gov/documents/de111a3e.pdf Form Detail Page: Waiver of Bond by Heir or Beneficiary (DE-111(A-3e)) If you are eligible to receive part of an estate (the property of a deceased person), tell the court that you want to waive (give up) the requirement that the estate’s personal representative (the person named as executor in the deceased person’s will or the person appointed by the court to manage the estate of a deceased person who did not have a will) have a bond (a form of insurance in case the personal representative steals from or does not properly manage the estate). Can be attached to a Petition for Probate (DE-111). Get form DE-111(A-3e) Effective: July 1, 2017 Go to How-to instructions for Probate PDF Text: NOTICE: READ PARAGRAPHS A–G BEFORE YOU SIGN 1. I WAIVE the posting of bond in this estate by 2. 3. Form Adopted for Mandatory Use Judicial Council of California DE-142/DE-111(A-3e) [Rev. July 1, 2017] Probate Code, § 8481 www.courts.ca.gov WAIVER OF BOND BY HEIR OR BENEFICIARY (Probate—Decedents Estates) ofPage B. C. D. E. If you do not understand this form, do not sign it until you have asked a lawyer (who is independent of the lawyer for the proposed personal representative) to explain it to you. F. (SIGNATURE) Date: (TYPE OR PRINT NAME OF BENEFICIARY (AND AUTHORIZED SIGNER, IF BENEFICIARY IS NOT AN INDIVIDUAL)) *(This form may be filed as an independent form (as form DE-142) OR as Attachment 3e(2) (will) or Attachment 3e(3) (intestacy) to the Petition for Probate (form DE-111) (as form DE-111(A-3e).) WAIVER (name of personal representative): 4. G. A. A bond is a form of insurance to replace assets that may be mismanaged or stolen by the executor or administrator (the estate's personal representative). The cost of the bond is paid from the assets of the estate. A bond may not be required if the decedent's will admitted to probate waives a bond and the court approves. If the decedent's will does not waive bond, or if the decedent died without a will, the law ordinarily requires the personal representative to give a bond approved and ordered by the court. However, all persons eligible to receive a share of the estate may waive the requirement of a bond. If they all waive bond and the court approves, the personal representative will NOT have to give a bond. If bond is not ordered by the court, and the estate suffers loss because the personal representative fails to properly perform the duties of the office, the loss or some part of it may not be recoverable from the personal representative. If so, your share of the estate may be partly or entirely lost. You may waive the requirement of a bond by signing this form and delivering it to the petitioner for appointment of a personal representative or to the petitioner's attorney. Your waiver cannot be withdrawn after the court appoints the personal representative without requiring a bond. However, if you sign a waiver of bond, you may later petition the court to require a bond. A guardian ad litem or other legal representative with specific authority under law to waive bond must sign for a minor, an incapacitated person, an unascertained beneficiary, or a designated class of persons who are not ascertained or not yet in being. See Judicial Council forms DE-350 and DE-351 and Probate Code section 1003. I have read and understand paragraphs A through G above. I understand that before signing this form, I am free to consult with a lawyer of my choice concerning the possible consequences to me of waiving bond. I understand that I do not have to waive bond to allow the estate administration to begin or proceed, or to receive my share of the estate. SUPERIOR COURT OF CALIFORNIA, COUNTY OF BRANCH NAME: CITY AND ZIP CODE: STREET ADDRESS: MAILING ADDRESS: ESTATE OF (Name): , DECEDENT FOR COURT USE ONLY CASE NUMBER:WAIVER OF BOND BY HEIR OR BENEFICIARY Attachment 3e to Petition for Probate* DE-142/DE-111(A-3e) ATTORNEY OR PARTY WITHOUT ATTORNEY: STATE: ZIP CODE:CITY: STREET ADDRESS: FIRM NAME: NAME: STATE BAR NO.: TELEPHONE NO.: FAX NO.: E-MAIL ADDRESS: ATTORNEY FOR (name):
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Form ID: DE-111(A-3e) Title: Waiver of Bond by Heir or Beneficiary Effective Date: 2017-07-01 Mandatory Form: yes Info Page: https://selfhelp.courts.ca.gov/jcc-form/DE-111(A-3e) Primary Download URL: https://www.courts.ca.gov/documents/de111a3e.pdf Form Detail Page: Waiver of Bond by Heir or Beneficiary (DE-11…
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may waive the requirement of a bond. If they all waive bond and the court approves, the personal representative will NOT have to give a bond. If bond is not ordered by the court, and the estate suffers loss because the personal representative fails to properly perform the duties of the office, the loss or some part…