Administration, Property Guardianship Bonds

Administration Bonds

Administration/Executor Bonds (but not Committee, Guardianship or Foreign Executor Bonds) $100,000

• Western Surety Company Short Form Administrator’s and Executor’s Bond Application. This is completed by the estate solicitor and all boxed questions must be answered “NO”. The applicant must be a resident of Canada.
  • Head Office Letterhead
  • Atlantic Canada Office Letterhead
  • Toronto Office Letterhead
• Letter of Acknowledgement

Administration and Executor Bonds exceeding $100,000 and for Administration with Will Annexed and Foreign Executor Bonds

• WSC Long Form Application Administration Bond (Form J1) Single Applicant
• • WSC Long Form Application Administration Bond (Form J1) 2 Applicants
  • WSC Long Form Application Administration Bond (Form J1) 3 Applicants
  • WSC Long Form Application Administration Bond (Form J1) 4 Applicants
• True copy of the assets and liabilities of deceased’s estate.
• For an Administration with Will Annexed Bond, a copy of the deceased’s last will and testament.
• For Foreign Executor Bonds where the applicant is not a resident of Canada, the estate must be handled by an estate solicitor licensed in Canada.
• Letter of Acknowledgement

Committee (Property Guardianship) Bonds/Guardianship Bonds

• WSC Long Form Application Administration Bond (Form J1) Single Applicant
• True copy of the inventory of incompetent’s estate or the minor’s estate to be administered.
• Copy of draft court order
• Letter of Acknowledgement

Cancellation and Discharge Procedures for Fiduciary Bonds

For all Fiduciary Bonds up to $100,000, we will require one of the following:

1. Return of the original sealed bond.
2. Official and unconditional release and discharge from the court.
3. Confirmation from the executor or guardian in writing of date the estate was finalized, minor reached the age of majority or incompetent passed away.

For all Foreign Executor/Committee/Guardianship Bonds exceeding $100,000, we will require:

1. Return of the original sealed bond, or
2. Official and unconditional release and discharge from the court.

For Administration and Administration with Will Annexed Bonds from $100,000 to $200,000, we will require one of the following:

1. Return of the original sealed bond
2. Official and unconditional release and discharge from the court.
3. Release from heirs form.

For Administration and Administration with Will Annexed Bonds from $200,000 to $300,000, we will require one of the following:

1. Return of the original sealed bond
2. Official and unconditional release and discharge from the court.
3. Release by the solicitor/lawyer form.

For Administration and Administration with Will Annexed Bonds in excess of $300,000, we will require one of the following:

1. Return of the original sealed bond, or
2. Official and unconditional release and discharge from the court.