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re: Question for the Legal Eagles of the OT

Posted on 10/21/14 at 11:43 pm to
Posted by TigerfFaithful
New Orleans
Member since Oct 2007
353 posts
Posted on 10/21/14 at 11:43 pm to
The concept of seizin refers to taking possession and ownership of assets. The language is unnecessary in a Will. The phrase "without bond" simply means that the testator dispensed with the requirement of posting a bond by the executor. The purpose of the bond is to protect the succession assets.
Posted by ruzil
Baton Rouge
Member since Feb 2012
16947 posts
Posted on 10/21/14 at 11:59 pm to
quote:

The concept of seizin refers to taking possession and ownership of assets. The language is unnecessary in a Will. The phrase "without bond" simply means that the testator dispensed with the requirement of posting a bond by the executor. The purpose of the bond is to protect the succession assets.


That sort of worries me.
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