When a will is delayed in probate, an individual can apply to be the preliminary executor prior to admission of the will. During this interim phase, certain restrictions are placed on the preliminary executor, yet there are many benefits as well — including the...
My name’s Neil Pedersen of Pedersen & Sons Surety Bond Agency and today I am going to discuss the new procedure in the COVID era for obtaining and filing bonds in Surrogate’s Court in the various counties of New York. As we continually move through...
There are two main types of Judicial Bonds: 1. Fiduciary bonds 2. Court bonds Fiduciary bonds guarantee the court appointed person will rightly care for another’s property. Some fiduciary bonds, such as probate bonds, are required for administrators, executors,...
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There are two main types of Judicial Bonds: 1. Fiduciary bonds2. Court bonds Fiduciary bonds guarantee the court appointed person will rightly care for another’s property. Some fiduciary bonds, such as probate bonds, are required for administrators, executors, and...