Guardianship Bond Guide

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What is a Guardianship Bond?

You are required to obtain a surety bond when you are selected as a guardian to protect the minor or incapacitated individual you have guardianship over. If you do not fulfill your duties according to the court's order, a claim can be made. For example, if you steal money from a minor's trust that you have guardianship over, a claim can be made. If you would like to learn more about what surety bonds are and how they work, you can read our detailed guide here.

What will your bond cost?

Bond costs vary by applicant, bond amount and bond type. If you're ready for a firm quote, please fill out our court bond application.

Why our rates are so low

When it comes to surety bond insurance, there is safety in numbers. As the largest volume surety bond writer in the country, we are able to obtain the lowest rates from the strongest bonding company partners.

Frequently Asked Questions

What is the process?

Complete the application online, send us any related court documents, sign the indemnity agreement, send payment and we can get you the bond in a matter of days.

Can I get this bond with bad credit?

It is possible. However, it depends on the severity of your credit issues. If you have moderate credit problems, you may be able get a bond. Severe credit issues will make you ineligible for a bond. Your chances of getting approved will increase if you have legal counsel to guide you through the process. Apply on our website to determine if you qualify.

Can I get a guardianship bond without collateral?

Yes. These bonds usually do not require collateral and can be obtained with your indemnification alone.

Should I hire an attorney to help?

It depends on the size of the bond you need. An attorney is not necessary for smaller bonds. However, if you need a larger bond, the surety likes to see legal counsel involved to aid in the process as attorneys are familiar with the legal system.

How long does the bond need to be in place?

As long as the minor or incapacitated individual needs financial supervision. In a minor's case, the bond can be relinquished when they turn 18. The surety will charge a premium for the bond annually based on the bond amount until it is released by the court. The bond amount can be reduced if a request to do so is granted by the courts, resulting in a lowered annual premium.

What if a false claim is filed?

You must contact us immediately, as we have a team of claim specialists here to find a resolution for you. Keep in mind, it is crucial that you work with an expert in the surety industry. Learn more about how to ensure you choose the proper bond company.

Are you looking for a different type of bond?

You can take a look at our full list of court bonds.

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