What is a fiduciary bond is a question that gets asked a lot. As in determining other surety bond definitions it helps to consider the action. ‘What is a fiduciary bond?’ can be answered by reviewing the act of the fiduciary itself. A fiduciary bond is required by every state when a person handles another […]

When establishing a trust one of the issues that must be dealt with is a trustee surety bond. Having a surety bond in place is always recommended as a safeguard to ensure that the trust is handled appropriately and follows the wishes of the person/business setting up the trust in the first place. What Point […]

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 […]

Bank of American agreed to pay $187.5M to settle charges in California claiming the bank mishandled bond payments and retained bondholder payments from 1978 to 1995 that should have been returned. California Trustee bond played a role in that decision in that they are surety bonds protecting the trust from any losses sustained by the […]

The term fiduciary bond covers judicial bonds guaranteeing the duties by a fiduciary (a person entrusted with property and/or power for the benefit of another person, estate). In Georgia, there is a variety of fiduciary bonds. Today, the Jurisco surety bond blog covers four common fiduciary bonds in Georgia: guardianship bond, executor bond, trustee bond, […]