Without bond means that the administrator, executor or trustee is not required to acquire a surety (an insurance policy basically) to ensure faithful execution of fiduciary duties. This does not mean, however, that the court won't require you to sign a personal bond, it just means you won't have to pay for one up front.
Assets of any kind can be subject to probate.
You fill out the normal probate forms. The estate will follow the Colorado law of probate for intestacy laws.
No Florida does not require you to use a lawyer to probate an estate, but probate can be complicated
Probate in your state may have a monetary limit in order to require probate. A local probate attorney can answer your question.
Yes, you can file for probate without a will. If there is none, the intestacy laws for the jurisdiction (state) will be used to distribute the estate.
Sole ownership of the property passes automatically to the survivor without requiring a probate proceeding.Sole ownership of the property passes automatically to the survivor without requiring a probate proceeding.Sole ownership of the property passes automatically to the survivor without requiring a probate proceeding.Sole ownership of the property passes automatically to the survivor without requiring a probate proceeding.
No, not just anyone can sell a bond. In this case it would have to be the executor of the estate. They will have to include the bond in the inventory and assets. Their letter of authority from the probate court will allow them to sell the bond.
The purpose of probate is to distribute things. Without it, there is no way to appropriately inherit something.
Answer: The probate would need to be reopened.
You must petition the probate court to be appointed the administrator of the estate. If you are appointed you will need to post a bond and you will be issued Letters of Administration.
Without a will the property must go into probate. There is no other way to transfer the property.
yes