ATTORNEY OR PARTY WITHOUT ATTORNEY (NAME, STATE BAR NUMBER AND ADDRESS) FOR COURT USE ONLY TELEPHONE NUMBER: FAX NO. (Optional): EMAIL ADDRESS (Optional): ATTORNEY FOR (Name): SUPERIOR COURT OF CALIFORNIA, COUNTY OF SAN LUIS OBISPO STREET ADDRESS: MAILING ADDRESS: CITY AND ZIP CODE: BRANCH NAME: 1035 Palm Street, Room 385 Same as above San Luis Obispo, CA 93408 San Luis Obispo Division Estate of: In re matter of (Trust): CASE NUMBER: WAIVER OF BOND 1. The Petitioner (name) ______________________________________________ wishes to be appointed by the Court as (check one): Personal Representative OR trustee of the estate, but does not wish to post bond. The law requires the Petitioner to post a bond for my protection. If property is missing when it is time to account for or distribute the assets of the estate or trust, a bond would restore the missing property. To qualify for bond, someone must show that they do not have a criminal record, and that their income, assets and credit rating are enough to restore any missing property. Many bond companies also require the personal representative or trustee to be represented by an attorney. A bond would cost the estate an annual premium usually less than 1% of the value of the estate per year until the estate is distributed. This cost would be paid from the property in the estate. If no bond is posted and assets are missing, I might receive no distribution from the estate other than the right to try to collect the missing assets from the Petitioner. I am over 18 years of age. I have read this statement and understand it and ask the court to allow petitioner to be appointed with no bond. Date:_____________________ ______________________________ (Print name) ______________________________________ (Signature) Page 1 of 1 Form Adopted for Optional Use San Luis Obispo Superior Court Local Form PR024 Rev. 1/1/15 WAIVER OF BOND American LegalNet, Inc. www.FormsWorkFlow.com