- June 10, 2021
- Posted By:hmvreeland
- Category:
Any probate or fiduciary bond ordered by the court can only be released by the court. A Final Discharge is necessary for this type of bond to be canceled. To achieve this, fulfill fiduciary duties by managing and settling the estate or trust, paying debts and taxes, distributing assets, and keeping accurate records. Then, prepare a final accounting of all financial transactions and file a court petition for approval, discharge from duties, and bond cancellation. Present the Final Discharge order to the bond issuer to stop premium accrual. By following these steps, you can ensure a smooth process for canceling your probate or fiduciary bond in California.