Navigating the complexities of the legal system can be daunting, especially when probate bonds come into play. These bonds, crucial for ensuring the faithful execution of one’s duties as a personal representative, curator, guardian, receiver, custodian of a veteran, or trustee, are a staple in the legal framework of fiduciary responsibilities. However, what happens when […]
A common type of surety bond in Massachusetts is a personal representative bond. One of the required surety bonds by the state, a personal representative bond (also known as an administrator or executor bond) is required for anyone overseeing the handling of another estate. What Is A Personal Representative? When a person dies in the […]
It is always sad news when there is strife among beneficiaries after a loved one has passed. It is especially difficult when the strife plays out in public. After the tragic death of famed Actor/Comedian Robin Williams, his heirs are engaging in just such a public battle; as an article in the New York Times […]
As one of the most experienced surety bond agencies in the California, we at Jurisco help thousands of clients every year when they are seeking a Personal Representative Bond (aka Executor Bond). Two questions we often receive are, “What is the process for selling real estate under probate?” And, more specifically, “What is the difference […]
Who needs estate planning in Colorado? This questions was posed by Wayne Farlow in ColoradoBiz.com (see full article here: http://www.cobizmag.com/articles/who-needs-estate-planning). The answer is pretty straight forward: Anyone who is going to die. Not to be morbid, but that is the simple truth. No matter the size of your estate, a little planning can save your […]
This spring the Colorado legislature made a few substantive changes to the civil code in Colorado. This could lead to a change in your practice. The surety bond experts at Jurisco know this and will track the changes to keep you up to date. Colorado Senate Bill 13-077 will affect the way conservatorships and estates […]
Did you know that in 2007 the California legislature passed into law the Professional Fiduciaries Act and as of January 1st 2009 it became necessary for any fiduciary to be licensed if they were to legally operate in the state. In the legal world a Fiduciary is defined as, “An individual in whom another has […]
Administrator Bond in Illinois are written to protect beneficiaries and creditors of an estate . The fiduciary is mandated by the State and local ordinances often add on to those requirements laid out there-in. Making an administrator bond necessary for personal representatives affects all types of estates whether they are in the big city of […]
A personal representative bond in Michigan carries a lot of weight with a minimal cost. Think of it as the surety bond that treads lightly but carries a big stick. Personal representative bonds protect the deceased’s assets and heirs fully. Should the administrator misuse funds or cause damage to the estate, the personal representative bond […]