SPECIAL NEEDS TRUST BOND
American Surety Bonds Agency, LLC provides simplified and fast underwriting for Special Needs Trust Bonds.
What is a Special Needs Trust Bond?
A guardian is a person appointed by the court to protect the assets and general well being of a disabled person. Often, when a judge appoints a legal guardian, a Special Needs Trust Bond is required to ensure that the minor or ward is taken care of and his or her assets are handled properly. The bond is also designed to protect the minor or adult’s finances from fraudulent or dishonest acts by the guardian.
Bond amounts and obligations for Special Needs Trust Bonds are determined by a judge and are usually based on the worth of the estate.
What are the underwriting guidelines?
Special Needs Trust 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?
Depends on the size of the Trust and the credit of the Applicant.
Contact us today to find out which program you qualify for.
How do I apply for a Special Needs Trust Bond?
To apply for a Special Needs Trust bond, simply click here to complete our application. 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
Commercial Bonds Manager
Are there any other bonds I might need?