Bonding of an Executor or Administrator for Probate in California
- February 10, 2023
- Posted By: hmvreeland
- Category: Probate Bond
If a California court appoints you to manage the estate of a physically or mentally incapacitated person, it may require you to purchase a probate bond. The bond acts as a guarantee that you will […]
Three Types of Probate Bonds Explained
- July 20, 2022
- Posted By: hmvreeland
- Category: Probate Bond
A probate bond is a type of bond typically assigned by a California court. It guarantees that the Executorpersonal representative of an estate will manage it according to state laws and the terms of the […]
How to Secure A Surety Bond
- June 20, 2022
- Posted By: hmvreeland
- Category: Surety Bonds
A Surety bond guarantees payment or completion of a task by the holder. It is a legally binding contract between three parties: • The Principal: The party that purchases the bond. • The Obligee: The […]
What is a Probate Bond? Do I need one?
- December 13, 2021
- Posted By: hmvreeland
- Category: Bonds
A Probate bond is a type of court bond that protects the beneficiaries and creditors of an estate in the event the Personal Representative fails to perform their duties or commits fraud. The primary purpose […]