If a court appointed you guardian and requires a guardianship bond, send us the court order or instructions. We’ll tell you what the surety needs for a quote.
A guardianship bond is a court bond that a court may require when it appoints a guardian who will be responsible for money or property belonging to a minor or another protected person. It protects the person under guardianship if the guardian fails to carry out the duties the bond covers.
No. Requirements vary by the type of guardianship, the assets being managed, state law, and the court’s order. A guardian of the person only, with no property to manage, may not need a bond.
Follow the court’s order rather than assuming either way.
A guardian of the person makes decisions about care. A guardian of the estate manages money and property. Courts more often require a bond for the guardian of the estate because there are assets to protect.
The court documents show which role you were appointed to.
Often, yes. Many guardianship bonds renew on a schedule set by the court or the bond, and the court may review the guardian’s accounting. Check the bond and the court’s order.
Keep track of renewal notices so the bond does not lapse while the guardianship continues.
You normally pay a premium for the bond, not the full bond amount. If the court requires a $100,000 bond, that does not mean the bond costs $100,000.
The premium depends on the bond amount, the guardian’s credit and financial information, the assets, and the surety company. Because many guardianship bonds renew, ask about the renewal cost too.
Possibly. Some guardianship bonds still have options when credit is imperfect, depending on the appointment, the assets, the bond amount, and other underwriting factors.
Send us the court order first. We can tell you what information is needed before assuming the answer is no.
Send us the court paperwork. The most useful items are:
It depends. A straightforward guardianship bond can often move quickly once the court order and underwriting information are complete. Credit problems or a large bond amount can take longer.
Court deadlines matter. Send the order as soon as you receive it.
If this is not the bond you were asked for, these pages may help.
Yes. Terminology, who must post a bond, amounts, and forms vary by state. Some states use different terms for guardians and conservators. Follow the court order.
Use our state pages for court bond information specific to where the guardianship is.
Send us the court order or instructions you received. We’ll tell you what the surety needs next.
The Bond Agent | 3655A Old Court Rd, Suite 13 | Baltimore, MD 21208