An Oklahoma probate bond typically deals with how funds are handled. Also knowns as probate and fiduciary bonds, this sect of Oklahoma surety bonds aims to protect against wrongful financial actions. This bond can be mandated by the state statute or local legal action.
The lawyer-trained staff at Jurisco helps clients in every Oklahoma city and county understand their probate bond requirements, costs, and benefits. As with all surety bonds, it is important that the mandates are met with every T crossed and I dotted.
Among the most common types of Oklahoma probate bonds are personal representative bonds, guardianship bonds, trustee bonds, received bond, and custodian of a veteran bond.
A personal representative bond is also known as an administrator bond or executor bond. This type of Oklahoma surety bond deals primarily with the individual serving as executor of a will. In order to fully manage the responsibility, the personal representative, or executor, must secure this Oklahoma probate bond.
Guardianship bonds protects the individual requiring a guardian from financial harm or other abuse by the guardian. This type of Oklahoma probate bond serves to protect some of the most vulnerable in the state.
Trustee bonds are required by the state for those parties and/or entities managing a trust. Again, another type of probate bond designed to protect those at risk of being financially taken advantage of.
A receiver bond is used when companies declare bankruptcy. Companies declaring bankruptcy don’t just get to walk away from their problems. They are required to make settlements and to legally and fairly wrap up their state of affairs. This Oklahoma probate bond helps make this happen.
A custodian of veteran bond is required for any person(s) serving as custodian to a veteran of the American armed forces. The custodian of veteran bond is designed to work similarly to the guardianship bond in that it fully protects those who may not be able to protect themselves.
Probate bond rates can be determined by a number of factors including credit score, the amount of the bond, and the surety bond provider clients use. Jurisco clients always receive the best rate because they are choosing to work with a reputable, nationwide surety bond provider.
The Jurisco surety bond professionals understand every Oklahoma probate bond and surety bond requirement. They work with clients to make sure criteria such as credit score doesn’t stand between them and a low surety bond rate.
Jurisco always works hard to deliver the lowest Oklahoma probate bond rate possible.
Start the process now by completing an online Oklahoma surety bond application. Once you submit your application the Oklahoma probate bond experts at Jurisco will start working right away. That’s how they are able to offer same-day surety bonds to the majority of clients.
Have questions about an Oklahoma probate bond? Jurisco has the answers.