EXECUTOR ADMINISTRATOR/ADMINISTRATREX BOND
American Surety Bonds Agency, LLC provides streamlined underwriting and fast results for Executor Bonds.
What is an Executor Bond?
A guardian is a person appointed by the court to protect the assets and general well being of a minor or incapacitated adult. Often, when a judge appoints a legal guardian, a Guardianship Bond is required to ensure that the minor or ward is taken care of and that estate is handled properly. The bond is also designed to protect the minor or adult’s finances from fraudulent or dishonest acts by the guardian. Guardianship Bonds are also referred to as Conservator Bonds.
Bond amounts and obligations for Executor Bonds are determined by a judge and are usually based on the worth of the estate.
What are the underwriting guidelines?
Executor Bonds are underwritten on the following criteria:
- Specifics of the Case
- Bond Obligation
- Bond Amount
- Personal Credit History
- Personal Net Worth
- Personal Assets
- Attorney Involvement
How much does the bond cost?
American Surety Bonds Agency has a number of programs in place for Executor Bonds. Our 5 tiered programs start at less than 1% of the bond amount with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for an Executor Bond?
To apply for an Executor Bond, simply complete the bond application. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter
Are there any other bonds I might need?