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I understand that guarantors are required for the application of a Letter of Administrator (LA) if one passed on without a Will?

April 26, 2017Administrator application guarantors letter understand

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I understand that guarantors are required for the application of a Letter of Administrator (LA) if one passed on without a Will?

1 Answer

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10 Posted

Yes, the administrator must get two guarantors to sign the administration bond before LA can be extracted and the guarantors must have assets within the jurisdiction equivalent to the gross value of the deceaseds estate.