A Personal Representative Bond in California is required to protect the interest of the deceased’s estate, its heirs and those parties who are owed money. The responsibility of a personal representative (commonly referred to as an administrator or executor in California) is taken seriously by the courts. Courts mandate the surety bond as a form […]

A surety bond definition may not be adequate to understand a bond fully and why it is needed. Take an Executor Bond in Texas for example. Here is a standard surety bond definition: “Personal Representative Bonds, also referred to as Administrator or Executor Bond) guarantee the faithful performance of the Personal Representative in their duties […]

New York fiduciary bonds cover a wide range of responsibility, but usually stem from the need to protect one person’s assets from the misuse of another person. New York Fiduciary bonds are required courts to cover the actions of a guardian or fiduciary acting on the behalf of a ward or a deceased individual. Surety […]