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, and guardians.
Court bonds are bonds written in connection with a legal proceeding. There are court bonds for both plaintiffs and defendants. A plaintiff or defendant may need to provide a surety bond to protect the other party for loss due to a judge’s decision made prior to final judgment. These bonds renew yearly until the litigation officially ends.
What Are Surety Bonds For Judicial Proceedings?
A short list of bonds we typically underwrite:
Abandoned Property Bonds Deferred Estate Taxes Bond (IRS) Discharge of Mechanics Lien Bond Executor Bond Financial Guarantees Guardianship Bond of Incapacitated People Indemnity Bond License and Permit Bond Lost Instrument Fixed Penalty Bond Maintenance Bond |
Public Fund Raiser Bond Preliminary Executor Bond Qualified Domestic Trust Bonds (QDOT’s) Receivers of Rents Bond Receivers of a Business Bond Seizure Bond Security for Costs Bond Site Improvement Bond TRO Bond (Temporary Restraining Order Bond ) Waiver of Probate Bond Yellowstone Injunction Bond |