What are Probate Bonds? They are required by law. A fiduciary is a person to whom money or property or management of money or property has been entrusted for the benefit of others. A probate bond guarantees that the fiduciary will fulfill the duties he or she assumed by acceptiong the position. These are required in connection with the estate of deceased persons, incompetents, or minors. It guarantees an honest accounting and faithful performance of duties by administrators, executors, trustees guardians and other fudiciaries.
Probate Bonds, Guardianship Bonds, Administrator Bonds, Executor Bonds and Conservator Bonds are example of bonds in this category. Most Probate Courts require a bond for Guardanship, Estate Administrator , Executor or Conservator.
Obtaining a Fiduciary Bond
Bonds in this classification are required when ligigant seek to avail themselves of priviledges which are allowed by law only upon condition that a Surety Bond be furnished for the protection of the opposing litigant. We offer a wide range of these bonds including Release of Lien, Attachment and Appeal Bonds.
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