Fiduciary bonds such as estate bonds/probate bonds/administrator bonds, guardianship bonds, conservator bonds, trustee bonds, or receiver bonds, may be required in court proceedings involving the affairs of decedents, including the administration of estates and probate of wills. Fiduciary bonds confirm the faithful performance of court-appointed fiduciaries, such as administrators, conservators, guardians, and trustees in probate and surrogate courts.
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Colonial is the easy choice.
Colonial Surety Company is a leading provider of surety bonds. We’re licensed in all 50 states and U.S. territories and make it easy to obtain I-Bonds® (instant, online surety bond). These bonds are specifically designed to safeguard the estate of the departed from fraud, incompetence, and other malicious actions by the estate’s executor. These type of bonds can also be issued for guardianship and various other positions in an estate. In the event the executor fails to live up to their requested obligations and duties, the probate bond gives the estate’s beneficiaries significant peace of mind. If the executor somehow steals or loses estate assets, the beneficiaries will be compensated.