Figuring Out Your Idaho Probate Bond Options

December 18, 2017 by · Leave a Comment 

Don’t let figuring out Idaho probate bonds make you frustrated. Though some may describe surety bonds as a headache, Jurisco is here to help you make it an easy, painless process. Jurisco works with clients in Twin Falls, Boise, Meridian, Idaho Falls….all across the state to make sure our clients receive the best surety bond service. When it’s time to secure an Idaho probate bond, it’s time to call Jurisco.

What Types of Idaho Probate Bonds are Mandated?

Probate bonds are required by the state of Idaho in an effort to protect consumers and residents against unlawful actions. Probate bonds relate to the line of services where one-party is overseeing an other. For example, an administrator bond is for any person(s) serving as an executor of a will. He or she has a responsibility to lawfully and dutifully satisfy the will and not misuse any funds.

Other examples of an Idaho probate bond are a curator bond, custodian of a veteran bond, and trustee bond. A curator bond is for a businesses or individual who is overseeing multiple estates. A custodian of veteran bond is the type of Idaho surety bond required for any individual or party who serves a custodian of a member of the American armed forces. Typical guardianships do not require this bond.

And finally the trustee bond is for any party overseeing a trust. In most situations trust are held onto until the granted individual reaches a certain age. A trustee bond ensures that once that age is met, the funds are still intact and ready.

Do Other States Use Surety Bonds, Too?

Yes, other states us surety bonds, as well. It is very common for a state or court to use a surety bond due to its low cost, ease of use, and how it can apply to both specific and broad cases. Idaho surety bond experts at Jurisco are on-hand to discuss changes in bonds from state to state, as well as city to city.

How Much Will an Idaho Probate Bond Cost?

An Idaho probate bond rate is determined by a mix of factors including the value needing to be covered (i.e. how much is the trust worth?) and any fees or legal cost. A person’s credit score can also impact the surety bond rate depending on the provider.

When clients work with Jurisco, a nationwide surety bond provider, they don’t have to worry about credit scores impacting their chances to receive a low surety bond rate. When they work with the smaller surety bond companies they don’t have that type of security.

Is Same Day Surety Bond Service an Option?

Need an Idaho surety bond fast? Jurisco is your best option. The lawyer-trained staff can quickly secure any Idaho probate bond you need. Jurisco always strives to offer same-day service whenever possible. Being well versed in Idaho surety bond requirements helps Jurisco clients always receive the best service. Have questions that need answered? Contact Jurisco and speak with an Idaho surety bond provider today.

 
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