Entry Regarding Trustee’s Bond - Fairfield County Probate Court (Fillable)

In the trust of For the benefit of Case number The Court grants the Application and dispenses with the requirement of bond in this case for the following reason:. Bond is not required under Local Rule 75.2(G) (1) because the controlling instrument nominating the Applicant for appointment as Trustee expressly dispenses with bond and the Applicant resides in Ohio.. Bond is not required under Local Rule 75.2(G)(3) because the total value of personal property, annual income and annual real property rentals is less than $10,000.00. Bond is not required under Local Rule 75.2(G)(5) because the Applicant has agreed to deposit all assets into a restricted account at a financial institution in compliance with R.C. §2109.13. Once appointed by this Court, the Applicant must promptly file a written verification of deposit restrictions to the Court (SC Form 22.3). Under Local Rule 75.2(G)(6), the Court finds that special circumstances exist in this case, as described in the Application, which establish that bond is clearly unnecessary and the absence of bond will not prejudice any person or entity having a financial interest in this case. The court denies the application but modifies the requirement of bond. In place of bond the court orders that the applicant must do the following Court order describing what the applicant must do to preserve the trust assets line 1 Court order describing what the applicant must do to preserve the trust assets line 2 Court order describing what the applicant must do to preserve the trust assets line 3 Court order describing what the applicant must do to preserve the trust assets line 4 Court order describing what the applicant must do to preserve the trust assets line 5 Court order describing what the applicant must do to preserve the trust assets line 6 Court order describing what the applicant must do to preserve the trust assets line 7 Court order describing what the applicant must do to preserve the trust assets line 8 Court order describing what the applicant must do to preserve the trust assets line 9 The court orders the applicant to post bond Bond amount ordered by the court Date