Probate Bond & Fiduciary Bond Market
Offered by Surety One, Inc.
Fiduciary Bond Probate Bond Personal Representative Bond Administrator Bond Conservator Bond Guardianship Bond Conservatorship Bond Surrogate Court BondDescription
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".
• Administrator(ix) Bond
• Executor Bond
• Bond of a Personal Representative
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.
• Guardianship Bond
• Committee Bond
• Conservator Bond
• Custodian Bond
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.
• Receiver Bond
• Trustee Bond
• Disbursing Agent Bond
• Master or Commissioner Bond
Details
$20M Maximum Premium
$500 Minimum Premium
Carrier Information
Admitted
Offered By
Availability 50 states + DC
Covered
Not Covered
