Court Bond Types
Court bonds guarantee that the winning party in a case will receive their due payment and also serve to guarantee that custodians or guardians will properly manage finances of another individual. Following a death, executor or probate bonds are also used to protect an estate’s assets.
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Appeal Bond
A bond required by a court prior to an appeal. Appeal bonds always require 100% collateral.
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Custodian Bond
Another term used for guarandianship bonds.
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Estate Bond
Another term used for probate bonds.
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Executor Bond
Another term used for probate bonds.
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Fiduciary Bond
Another term used for probate bonds.
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Guardianship Bond
Guarantees that the legal guardian of a minor or an individual that is incapacitated will appropriately manage the individuals finances.
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Probate Bond
Required by the court in order to ensure the executor of an estate properly distributes the assets as the deceased or incapacitated.
