The state of Washington may require a person or company take out a probate bonds should that person or company be in charge of a person’s estate, will, or trust. Even if the court does not specifically require a surety bond, the person or company charged with overseeing another’s assets may want to take that […]
A trial is over. The case is settled. An estate is closed. What now? What do you do with the surety bond? We at Jurisco are asked all the time: How do you properly discharge (or exonerate) a surety bond once it is no longer necessary, or after all the claims are settled. More specifically, […]
Taking Care of Loved Ones With Guardianship Bonds in California A recent article on Huffington Post by anti-elder abuse advocate Carol Herman outlines the much too common tragedy of when Guardians neglect and abuse their wards (full article found here: http://www.huffingtonpost.com/carole-herman/conservatorships-beware_b_1785309.html) As the baby boomer generation gets older they are reminded just how much 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 […]
In California, Professional Guardians play a vital role in the well-being of the state’s elderly and disabled. Let’s face it: In today’s society, Guardians are essential. And with great power comes great responsibility and, also, a greater risk of system abuse. The and that is why there are checks put in place by the California […]
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 […]
Probate bonds may vary state-to-state making it difficult to know what the state mandates and requires. To help make fiduciary bonds more understandable, Jurisco is putting together series of blog posts related to court bonds and state requirements. Today we delve into Executor Bond Illinois. What is an Executor Bond and who needs it? Executors, […]
Many Florida courts require a personal representative bond as a way to protect an estate, beneficiaries and creditors from a financial loss. A Personal Representative Bonds Protect Assets, also known as an Administrator or Executor, has a duty to the beneficiaries of an estate to pay any debts the estate owes, execute the decedent’s final […]