Refunding Bond and Release Instructions

IMPORTANT:  There is a filing FEE for each Refunding Bond and Release filed.  Please see number 7 for details.

1. Prior to making any distribution of any inheritance, the Administrator is required to provide a Refunding Bond to each heir of the estate, including the Administrator, if they are inheriting, to sign in front of a notary or an attorney.
2. If the beneficiary or heir is a minor, the Refunding Bond and Release must be signed by the guardian of the minor.
3. If the beneficiary or heir is an incapacitated person, the Refunding Bond and Release must be signed by the guardian of the person and property of the incapacitated person that has been appointed by the Superior Court.
4. Fill in the blanks with the information marked in italics.
5. The value of cash and property received includes the value of all the assets received from the estate and can include cash, bank accounts, stock, personal property and real estate. However, it does not include assets that do not pass through the estate, such as joint accounts or assets with designated beneficiaries other than the estate.
6. You may photocopy and re-use this form.
7. File with our office the original, signed Refunding Bond and Release for each beneficiary along with the filing fee of $10.00 for each Refunding Bond and Release filed, provided that the Refunding Bond and Release is two pages or less. If a Refunding Bond and Release is more than two pages in length then there is an additional fee of$5.00 per page for each additional page. For example, if the Refunding Bond and Release is one or two pages in length the fee is $10.00; if the Refunding Bond and Release is 3 pages in length the fee is $15.00($10 for the first 2 pages and $5 for the third page). The check should be made payable to "Atlantic County Surrogate."
8. You can mail it in with a check for fees to:
   Atlantic County Surrogate
   5911 Main Street
   Mays Landing, NJ 08330.

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