When the Court Will Require Sureties
When applying to the court for a grant of letters of administration, the Court requires two sureties in the following situations:
(a) The estate and effects for which the grant is applied exceed $5 million, excluding what the deceased held as a trustee and not beneficially, and without deducting debts owed by the deceased.
(b) There are minor beneficiaries (under 21 years old) in the estate.
(c) There is a life interest in the estate.
(d) There are beneficiaries who lack capacity under the Mental Capacity Act (Cap. 177A).
(e) The grantee is a creditor.
(f) Any other cases as deemed fit by the Registrar.
We can advise you on how to apply for a dispensation of sureties. The success of this application depends on providing suitable justification, such as efforts made to find sureties, reasons why sureties cannot be found, and whether there is consent from all adult beneficiaries.
