Administration Bond With Will Annexed

There are all sorts of forms executors, beneficiaries, and probate court clerks have to fill out and correspond with during probate and estate settlement, including affidavits, letters, petitions, summons, orders, and notices.

Administration Bond With Will Annexed is a commonly used form within Newfoundland and Labrador. Here’s an overview of what the form is and means, including a breakdown of the situations when (or why) you may need to use it:

Atticus Fast Facts About Administration Bond With Will Annexed

Sometimes it’s tough to find a quick summary— here’s the important details you should know about Administration Bond With Will Annexed:

• This form pertains to the State of Newfoundland and Labrador

Government forms are not typically updated often, though when they are, it often happens rather quietly. While Atticus works hard to keep this information about Newfoundland and Labrador’s Form Form 56.21B - Administration Bond With Will Annexed up to date, certain details can change from time-to-time with little or no communication.

Step 1 - Download the correct Newfoundland and Labrador form based on the name and ID if applicable

Double check that you have both the correct form name and the correct form ID. Some Newfoundland and Labrador probate forms can look remarkably similar, so it’s best to double, even triple-check that you’re using the right one! Keep in mind that not all States have a standardized Form ID system for their probate forms.

Step 2 - Complete the Document

Fill out all relevant fields in Form Form 56.21B, take a break, and then review. Probate and estate settlement processes in NL are long enough to begin with, and making a silly error can push your timeline even farther back. No thank you!

Note: If you don’t currently know all of the answers and are accessing Form Form 56.21B online, be sure to avoid closing the browser tab and potentially losing all your progress (or use a platform like Atticus to help avoid making mistakes).

Step 3 - Have Form Form 56.21B witnessed or notarized (if required)

Some States and situations require particular forms to be notarized. If you have been instructed to get the document notarized or see it in writing on the document, then make sure to hire a local notary. There are max notary fees in the United States that are defined and set by local law. Take a look at our full guide to notary fees to make sure you aren’t overpaying or getting ripped off.

Step 4 - Submit Administration Bond With Will Annexed to the relevant office

This is most often the local probate court where the decedent (person who passed away) is domiciled (permanently resides) or the institution involved with this particular form (e.g. a bank). Some offices allow you to submit forms online, other’s don’t, and we while we generally recommend going in-person to expedite the process, sometimes that simply isn’t an option.

It’s also a generally good idea to establish a positive working relationship with any probate clerk (unfortunately there’s enough people & process out there making things more difficult and unnecessarily confusing for them), so a best practice is to simply ask the probate clerk proactively exactly how and where they’d prefer you to submit all forms.

Need help getting in touch with a local probate court or identifying a domicile probate jurisdiction?

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Different probate forms or processes can require different deadlines or response times for completing the appropriate form.

While some steps in the process are bound to specific deadlines (like petitioning for probate, having to submit an inventory of assets, or filing applicable notices to creditors and beneficiaries), many probate forms or processes are not tied to a specific deadline since the scope of work can vary based on situational factors or requirements involved.

Either way, there are a bunch of practical reasons why personal representatives should work to complete each step as thoroughly and quickly as possible when completing probate in Newfoundland and Labrador.

5 reasons you should submit Form 56.21B as quickly as possible:

1. The sooner you begin, the faster Newfoundland and Labrador can allow heirs and beneficiaries to get their share of assets subject to probate. Acting promptly can also decrease the costs & overall mental fatigue through an otherwise burdensome process.
   
   Helpful Context: What’s the Difference Between Probate and Non-Probate Assets?

2. In general, creditors of an estate usually have around 3-6 months from the time you file notice to creditors to file any claims for debt against the deceased’s assets. If they don’t, then that debt is forfeited (and more importantly, the executor won’t be held personally responsible). So doing this sooner means you have a better idea of who is owed what and ensures you won’t get a surprise collector months later.

3. Not filing a will within 30 days (on average) could mean that the probate process proceeds according to intestate laws (laws that govern what happens to someone's stuff without a will) or is subject to unnecessary supervision by the probate court. And if you aren't directly related to the deceased (a.k.a. next of kin), this could also mean you lose your inheritance.

4. It’s important to file any necessary state tax returns on behalf of the deceased or estate by the following tax season in Newfoundland and Labrador. If you don’t, you could owe penalties and interest. This also includes any necessary federal tax returns such as Forms 1040, 1041, or even a Form 706 estate tax return.

5. If a house in the State of Newfoundland and Labrador is left empty (or abandoned) for a while, insurance can get dicey. For example, if the house burns down and no one has been there for a year, an insurance company may get out of paying your claim.

If you’re not using Atticus to get specific forms, deadlines, and timelines for Newfoundland and Labrador probate, then try and stay as organized as possible, pay close attention to the dates mentioned in any correspondence you have with the State’s government officials, call the local Newfoundland and Labrador probate clerk or court for exact answers regarding Form Form 56.21B, and when in doubt— consult a qualified trust & estates lawyer for that area.

Administration Bond With Will Annexed is one of the many probate court forms available for download through Atticus.

It may also be available through some Newfoundland and Labrador probate court sites, such as . In order to access the latest version, be updated with any revisions, and get full instructions on how to complete each form, check out the Atticus Probate & Estate Settlement software or consider hiring a qualified legal expert locally within Newfoundland and Labrador.

While Atticus automatically provides the latest forms, be sure to choose the correct version of Form Form 56.21B - Administration Bond With Will Annexed f using any other site or resource in order to avoid having to re-complete the form process and/or make another trip to the Newfoundland and Labrador probate court office.

Administration Bond With Will Annexed is a .pdf, so opening it should be as simple as clicking “View Form” from within the Atticus app or by clicking the appropriate link found on any Newfoundland and Labrador-provided government platform. Once you’ve opened the form, you should be able to directly edit the form before saving or printing.

Here’s the text, verbatim, that is found on Newfoundland and Labrador Form Form 56.21B - Administration Bond With Will Annexed. You can use this to get an idea of the context of the form and what type of information is needed.

Form 56.21B – Administration Bond with Will Annexed Supreme Court of Newfoundland and Labrador Rules of the Supreme Court, 1986 Page 1 of 4 Court File No. ____________________ IN THE SUPREME COURT OF NEWFOUNDLAND AND LABRADOR GENERAL DIVISION IN THE ESTATE OF DECEASED ADMINISTRATION BOND WITH WILL ANNEXED The principal in this bond is . Print name The sureties in this bond are and . Print name Print name The obligee in this bond is the Registrar of the Supreme Court of Newfoundland and Labrador, General Division acting for the benefit of creditors and persons entitled to share in the estate of the deceased. The principal and the sureties bind themselves, their heirs, executors, successors and assigns jointly and severally to the Registrar of the Supreme Court of Newfoundland and Labrador, General Division in the amount of: $ . Print amount of bond The principal as a personal representative of the estate of the deceased is required to: a) make and file with the court a full and true inventory of the property of the deceased that has, or may come into the knowledge and/or possession of the principal; b) administer all such property according to law; c) pay the debts of the deceased; d) when lawfully required, render a proper and full account of the administration of the estate; and e) distribute to the persons entitled, all property remaining after payment of the debts of the deceased and the costs of administration of the estate. The primary obligation under this bond belongs to the principal. The principal is liable under this bond for any amount found by the court to be owing to any creditors of the estate and persons entitled to share in the estate to whom proper payment has not been made. Form 56.21B – Administration Bond with Will Annexed Supreme Court of Newfoundland and Labrador Rules of the Supreme Court, 1986 Page 2 of 4 The sureties, provided they have been given reasonable notice of any proceeding in which judgment may be given against the principal for failure to perform the obligations of this bond shall, on order of the court, and on default of the principal to pay any final judgment made against the principal in the proceeding, pay to the obligee the amount of any deficiency in the payment by the principal, but the surety shall not be liable to pay more than the amount of the bond. The amount of this bond shall be reduced by and to the extent of any payment made under the bond pursuant to an order of the court. The sureties are entitled to an assignment of the rights of any person who receives payment or benefit from the proceeds of this bond, to the extent of such payment or benefit received. DATED at ____________________________, this _____ day of ______________ , 20____ . Signature of Person Authorized to Administer Oaths Signature of Applicant / Applicant’s Lawyer Signature of 1st Surety Signature of 2nd Surety Form 56.21B – Administration Bond with Will Annexed Supreme Court of Newfoundland and Labrador Rules of the Supreme Court, 1986 Page 3 of 4 Court File No. ____________________ IN THE SUPREME COURT OF NEWFOUNDLAND AND LABRADOR GENERAL DIVISION IN THE ESTATE OF DECEASED AFFIDAVIT OF JUSTIFICATION I, of Surety’s Name City/Town and Province swear/affirm and say as follows: 1. I am the proposed surety on behalf of the principal in this bond of the property of the deceased, named in this bond, for the faithful administration of the property of the deceased. 2. I am a resident of Newfoundland and Labrador and I have property of a value equal to the amount of $________________ over and above all encumbrances and over and above what will pay my debts and every sum for which I am now bail, or for which I am liable as surety or endorser or otherwise. 3. I am 19 years of age or older. SWORN to or AFFIRMED at ____________________________________, this _____ day of ___________________ , 20____ . Signature of Person Authorized to Administer Oaths Signature of Surety Form 56.21B – Administration Bond with Will Annexed Supreme Court of Newfoundland and Labrador Rules of the Supreme Court, 1986 Page 4 of 4 Court File No. ____________________ IN THE SUPREME COURT OF NEWFOUNDLAND AND LABRADOR GENERAL DIVISION IN THE ESTATE OF DECEASED AFFIDAVIT OF JUSTIFICATION I, of Surety’s Name City/Town and Province swear/affirm and say as follows: 1. I am the proposed surety on behalf of the principal in this bond of the property of the deceased, named in this bond, for the faithful administration of the property of the deceased. 1. I am a resident of Newfoundland and Labrador and I have property of a value equal to the amount of $________________ over and above all encumbrances and over and above what will pay my debts and every sum for which I am now bail, or for which I am liable as surety or endorser or otherwise. 2. I am 19 years of age or older. SWORN to or AFFIRMED at ____________________________________, this _____ day of ___________________ , 20____ . Signature of Person Authorized to Administer Oaths Signature of Surety