oh, yeah

Mar. 16th, 2006 09:15 pm
maderr: (Meow)
[personal profile] maderr
I've been sorting a fuckload of files, and scanning, and thank the gods I don't have to put them back together. Most of the time, they're filled with the same old legal crap - complaints, judgements, lis pendens, blah blah blah. But every now and then you get stuff that obviously throws the case off.

Like death certificates. And Last Wills and Testaments.

Those are kinda cool to read, in a really really really morbid kind of way. The wills I mean, not the certificates. Though I do rememeber wondering how much they differ from state to state, county to county.

But mostly I was curious about the wills, where it says something like "I hereby name *insert name* as Executor of my estate, to serve without bond.

And I didn't know what the italicized bit meant, and yes I could look it up, quite easily, but it's always more fun to ask. Normally I'd ask one of the legals, except these days all I do is sit scanning files and singing bits of "In my own little corner, in my own little chair' (except what I'm daydreaming about is definitely not fit for verse *g* maybe prose *snerk*)

This one will was kinda cute, the woman was leaving cookie jars and cutters and like all kinds of jewelry. And she was leaving most of it to daughter in laws, and granddauaghters. Okay, I'm being morbid again >_> But the cookie jars were cute (it sounded like she had quite the collection).

Date: 2006-03-17 02:25 am (UTC)
From: [identity profile] mashoogina.livejournal.com
You're a sick fuck. But I love you anyway. :)

Date: 2006-03-17 02:37 am (UTC)
From: [identity profile] hayama-sb.livejournal.com
I thought it meant that the Executor would do the job without getting paid & it made me curious enough to look it up

"Bonding of the Executor:
Bonding means that the Executor of your Will has to obtain a bond to insure the faithful performance of his or her duties. If the Executor steals from the Estate, the beneficiaries can require the bonding company to reimburse their losses. If the executor is a trusted family member, or if the executor is the main or only beneficiary (where he or she would be stealing from him or herself) many Testators do not require the Executor to be bonded. If you do not totally trust the Executor with all of your assets, you will want the executor to be bonded (usually costing the estate approximately $200 to $400 in an estate of $200,000). Remember, the Executor's duties consist of consolidating the Estate, which usually means liquidating your assets into cash and eventually distributing them to the beneficiaries. At some time, the Executor will have a substantial amount of cash available to him or her in the Estate bank account. The bonding is essentially an insurance policy for the protection of your beneficiaries."

So looks like I was wrong in my guess. Oh well

Date: 2006-03-17 03:10 am (UTC)
From: [identity profile] tygati.livejournal.com
..... that sounds like my grandparents, although they're still alive. >.>; They keep divvying things out, asking what everybody wants and then putting little sticky-notes on everything with our names on them. @.@;;

I did lay claim to the dollhouse and Gma's art supplies though... ^____^

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