County courts in Texas require probate surety bonds when the court appoints someone to handle a deceased person’s estate or often when a will names someone as an estate executor. These bonds are required to protect the interests of the estate and its beneficiaries by Texas State law.
If a deceased person leaves a will in Texas and names someone to serves as executor, the executor is required to obtain a probate bond.
Administrators in Texas are required to obtain a probate bond when a deceased person dies without a will and an administrator is appointed by the court to handle the administration of that person’s estate. The court usually appoints one of the deceased’s primary heirs to serve as the estate administrator. Assets are ultimately distributed according to Texa’s State intestacy laws.
Trustees may also be required to obtain a trustee bond in Texas probate proceedings when a deceased person leaves a will and designates assets to be distributed to a beneficiary in a trust. The trustee may be required to obtain this bond by the court or trust document to protect the interests of the trust and its beneficiaries during the trustee’s time administering the trust.
Where can you purchase instant estate surety bonds?
Colonial Surety offers the direct and digital way to obtain probate bonds, also known as estate bonds, personal representative bonds, administrator bonds, and executor 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!