Probate Bond

Probate bonds guarantee that the executor of an estate will handle the affairs of said estate according to either the last will and testament of the deceased or the specific laws that pertain to the estate in the case that there is no will and testament of the deceased.

The purpose of a probate bond is to provide back up to the beneficiaries of a will if the executor ends up engaging in illicit activities that result in loss or damage to the estate of the deceased.

Examples of probate bonds are executor, administrator, conservator, guardianship bonds, and more.