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A Probate Bond, also commonly referred to as a Fiduciary bond is a court bond required when another person is appointed to act on the behalf of somebody else. A probate is a legal procedure in which the wishes of someone who is deceased are carried out in full according to their last will and testament. These bonds can also be referred to as Executor and Guardianship Bonds.
Give one of our bond experts a call today to purchase your Probate Bond.
The cost of a probate bond varies based on the total coverage needed to cover the entire value of the estate that the probate is responsible for. Probate Bond premiums are typically .5% of the total bond cost. The price can vary if the individual seeking the bond has poor credit or negative bond history.
Probate Bonds protect the beneficiaries and estate from any fraud, embezzlement, or illegal acts by the person appointed by the court to handle all matters regarding the estate and assets. This person is responsible for a number of different things including:
Begin the process for a Probate Bond by calling our office or applying online.
Questions? Call us today at (877) 841 6745 where a member of our staff is waiting to help you.
Get StartedUse our Surety Bond Calculator to help determine the cost of your probate bond.