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Rule 81, 82, 83, 84, 85 and 87 Q: May an executotor serve without posting a

bond?
Powers, Duties, Accountability, Compensation
and Revocation of Appointment if Executors A: Yes.
and Administrators
Section 2, rule 81
Rule 81
GR: An executor can serve without a bond if the
Posting of Bond testator directs in his/her will that he/she
serves without a bond. (Is this absolute? No.)
Discussion: before and executor or
administrator enters upon his execution of his XPN: The court may still require the executor to
trust post bond to answer for the debts of the
testator, or in case there is a change of
Section 1: Bond of executor/administrator
circumstances or other sufficient cause.
Before an executor or administrator enters (discretion of the court)
upon the execution of his trust, and letters
testamentary, or administration issue, he shall
hive a bond, in such sum as the court directs, Two or more executors/administrators
conditioned as follows:
a.the court may take a separate cond from
a. to make a true and complete inventory of each; or
property which came to his knowledge and
b. a joint bond from all. (Section 3, Rule 81)
possession within 3 months;

b. administer the estate from the proceeds, pay


all debts and charges; Bond of special administrator
c. render a true and just account within one (1) Special administrator is appointed by the court
year; and in case there is delay in the issuance of letters
of testamentary or letters of administration. (to
d. perform all the orders of the court.
preserve and protect the property until an
executor or a regular administrator is appointed
by the court.
Purpose of the bond
Q: Is the special administrator required to post
a. The posting of the bond is required by the
a bond?
ROC for the benefit of the creditors and the
heirs as it compels the administrator, whether A: Yes.
regular or special, or the executor to perform
Section 4, Rule 81
the trust reposed in and discharged the
obligations incumbent upon them. (Ocampo v. A special administrator before entering upon
Ocampo, July 5, 2010) the debts of their trust shall give a bond
conditioned to comply with the following
b. bond is intended to indemnify the creditors
responsibilities:
and/or the heirs of the estate in case of breach
of duty of the executor/administrator. a. to make and return a true inventory;
b. render an accounting when required bu the
court; and

c. to deliver the same to the person appointed


executor or regular administrator or other
authorized person.

terms and effectivity of the bond

as long as the probate court retains jurisdiction


of the estate, the bond contemplates a
continuing liability. (Luzon surety v. quebrar,
127 SCRA 295)

The bond is effective as long as the court has


jurisdiction over the proceedings.

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