When someone is found to be incapacitated or unable to make key decisions for themselves, the New York Surrogate’s Court may appoint that person a guardian. What does the court require you to do to become a guardian?
Article 81 of the Mental Hygiene Law allows the Court to require the potential guardian to post a guardianship surety bond to protect the interest and affairs of the guardian’s ward in accordance with New York law. The bond amount corresponds to the value of and income from the assets of the incapacitated ward.
Guardians are required to be diligent and protect the interests of the incapacitated person, and the guardianship surety bond acts as a further defense to make sure that that person’s affairs are protected.
Where can you instantly purchase an guardianship surety bond?
Colonial Surety offers the direct and digital way to obtain guardianship bonds. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are easy — get a quote online, fill out your information, satisfy underwriting requirements, and enter your payment method. Print or e-file your bond from your office. It’s that simple!