What is a Fiduciary Surety Bond?
A Fiduciary Surety Bond is designed to protect the assets of an estate upon an individual’s death. The fiduciary bond is required by some states and often required when a will does not list an executor. The executor must handle the affairs of estate properly or the heirs to the estate may have recourse on the bond.
What is the market for a Fiduciary Surety Bond?
Fiduciary Surety Bonds are written by multiple surety companies. The bond amounts vary and depend on the size of the estate. Total premium is dependent on the size of the bond, executor’s experience, and financial wherewithal.
How do I apply for a Fiduciary Surety Bond?
- Complete our online Fiduciary Surety Bond application, or
- Download and complete our printable Fiduciary Surety Bond application, and
- Receive your surety bond quote in minutes!