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Clover Insurance Brokers
3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9
A Division of Wood & Kirkpatrick LTD, 
Canada's Oldest Broker Since 1821 
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Quote #8589
Hours
Mon-Fri 9-5 EST
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Administration Cancellation and Discharge

INFORMATION

Cancellation and Discharge Procedures for Fiduciary Bonds

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.

(Please note that due to the higher bond penalties, we can only accept 1 or 2 above.)

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Administration Cancellation and Discharge

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Cancellation and Discharge Procedures for Fiduciary Bonds

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.

(Please note that due to the higher bond penalties, we can only accept 1 or 2 above.)

Administration Cancellation and Discharge

Cancellation and Discharge Procedures for Fiduciary Bonds

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.

(Please note that due to the higher bond penalties, we can only accept 1 or 2 above.)