Income Statement

Surety underwriters look at an applicant’s income statement to observe profitability over a period of time, usually one fiscal year. The income statement indicates whether a company made a profit by looking at the expenses to generate revenues. Unlike the previously...

Guardian Bonds – Part One

The topic of guardianship’s is quite dense. Therefore, this will begin a series of posts concerning guardian bonds. This first post is a brief overview of what a guardianship is and why a bond might be required. Guardian bonds are required in Surrogates’ Courts...