Probate Bonds are directed by the court in order to guarantee the honest accounting and faithful performance of duties by fiduciaries or trustees. In other words, this type of surety bond provides assurance that the executor of an estate properly handles, or distributes, the assets of the disabled or deceased person whom they are obligated to act on behalf of.
When are Probate Bonds required? Probate bonds are required by courts or statutes as estates of deceased persons, incompetent persons, and minors are set up and administered.
Ready to apply for a Probate Bond? Complete our Court Bond Application for a FREE QUOTE!
Also known as Estate Bond, Executor Bond & Fiduciary Bond
Current Markets for Probate Bonds: For those who qualify in the standard surety bond markets (i.e. no major credit problems), probate bonds are quite simple to attain. Applicants who are unable to meet the standard application requirements may have to look into specialty programs that require higher rates due to increased risk.
About Our Programs: We offer very competitive rates to customers that apply with solid credit scores and low risk. Our agency is also happy to offer specialty programs to help applicants with less than perfect credit become bonded. In order to qualify for one of our higher risk programs, applicants must already have an attorney representing them.