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Probate Bond & Fiduciary Bond Market

offered by Surety One, Inc.
FIDUCIARY BONDS

A "fiduciary" is a person or entity appointed by a court to administer the assets of another. There are three basic classes of fiduciary bonds. Each has a similar purpose, i.e., to ensure the legal, fair and honest management of that third party's funds and property.

PROBATE BONDS

These are bonds for fiduciaries that administer the assets of a deceased. Each application should be submitted with a copy of the pertinent court documents, applicant's current financial statement, a schedule of the estate's assets and the representing attorney's"C.V." or "resumé".

GUARDIANSHIP BONDS

These are bonds for fiduciaries that administer the assets of a "ward", an incapacitated or incompetent person. Each application should be submitted with a copy of the pertinent court documents, applicant's current financial statement, and a schedule of the guardianship assets.

TRUSTEE BONDS

These are bonds for "receivers" and "trustees" appointed by a court to administer the assets of a business or individual. Each application should be submitted with a copy of the pertinent court documents, applicant's current financial statement, a schedule of the guardianship assets, AND the applicant's "C.V." or resumé evidencing his/her general business experience and ability to fulfill the responsibilities of a trustee.

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  • 1,000
  • 10,000,000
  • Yes

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