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Jun 16, 2015 — waiving it indicates you trust him/her not to and it will save the estate money as the bond is like insurance that has a yearly cost. More. 1 .3 answers  ·  Top answer: The bond requirement (which is usually waived when there is a will) is to ensure the PR doesn't . Knicks Hoodies, NC General Statutes - Chapter 28A Article 8. PDFwith the clerk of superior court a written waiver instrument agreeing to relieve the personal representative from the necessity of giving bond; or.5 pagesDo I Need A Bond? | Estate Planning Raleigh NC. If the person applying as Administrator is not a resident of North Carolina, pursuant to North Carolina General Statute 28A-8-1, the bond cannot be waived by .READ PARAGRAPHS A–G BEFORE YOU SIGN WAIVER .. PDFIf they all waive bond and the court approves, the personal representative will NOT have to give a bond. 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