Legal Question in Wills and Trusts in New Jersey

Bonded Will

Is there such a thing as a bonded will and what does that mean?


Asked on 10/29/06, 9:23 pm

2 Answers from Attorneys

Walter LeVine Walter D. LeVine, Esq.

Re: Bonded Will

PERHAPS THERE IS, BUT RARELY APPLICABLE. IF AN ORIGINAL WILL IS LOST, IT IS POSSIBLE THE SURROGATE WILL ALLOW A PROCEDURE KNOWN AS ADMINISTRATION WITH THE WILL ANNEXED, AND ALLOW THE ESTATE TO BE HANDLED AS PROVIDED IN A VALID COPY. SINCE THIS IS TECHNICALLY AN ADMINISTRATION, EVEN IF THE WILL PROVIDES FOR NO BONDING (HAVING A BONDING COMPANY INSURE THAT THE TERMS OF THE DOCUMENT ARE CARRIED OUT), THE SURROGATE CAN REQUIRE THAT A BOND BE POSTED BY THE ADMINISTRATOR. THIS IS A RESPONSE TO AN INTERNET QUESTION AND THE REPLY IS NOT TO BE CONSIDERED AS LEGAL ADVICE OR AS CREATING AN ATTORNEY-CLIENT RELATIONSHIP.

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Answered on 10/30/06, 5:45 pm
John Corbett Corbett Law Firm LLC

Re: Bonded Will

The term "bonded will" has no significance in law. The term is used in theology.

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Answered on 10/29/06, 10:31 pm


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