Probate Bonds

Probate Bonds – also referred to as Court or Fiduciary bonds, they are generally required by the court to secure the performance on fiduciaries’ duties and compliance with court order. Examples include Executors, Administrators, Guardians, or Trustees of a will. The purpose is to protect heirs and creditors from being harmed by the negligence of the administrator or executor. The fiduciary could be responsible for having an estate appraised, inventorying and protecting the assets of an estate, paying off debts, disbursing assets, making personal care decisions for another person, contacting beneficiaries and potential heirs and ensuring taxes are correctly calculated and paid.

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To learn more about your options for Probate Bonds call us today at (804)520-1040