Alabama Code 26-3-3. Relief of testamentary conservator of minor from requirement of giving bond and effect thereof
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Terms Used In Alabama Code 26-3-3
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- property: includes both real and personal property. See Alabama Code 1-1-1
- Testator: A male person who leaves a will at death.
A testator may by his or her last will relieve the conservator of his or her appointment for a minor child or children from giving bond and sureties for the faithful performance of his or her duties as conservator, but the authority of such conservator shall not extend to any other property or estate of such minor child or children than such as is derived by gift, devise, descent, or distribution from the testator, unless he or she gives bond, with sufficient sureties, as is required of other conservators.