SURETY SOLUTIONS BLOG

How Much Does A Conservatorship Bond Cost?

How much does a Conservatorship Bond cost? Conservatorship can be costly because there are fees that are incurred before conservatorship is actually established by the court, and also ongoing fees that continue during conservatorship....

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Understanding Underwriting For Court Bonds

By Crystal Ignatowski on Jan 5, 2017 4:42:00 AM in

Court Bonds

  What is underwriting in insurance? Underwriting in insurance is risk evaluation. Insurance underwriters work to determine the risk of potential clients. In the surety bond industry, it is no different. Surety bond underwriters evaluate the risk of approving clients for surety bonds. When it comes ...

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What Is A Writ of Certiorari Bond?

By Rick Marsland on Dec 30, 2016 2:24:00 PM in

Court Bonds

  What is a Writ of Certiorari? A writ of certiorari is a way to have a higher court review the outcome of a lower court's proceedings. The word 'certioari' means "to be more fully informed". In this sense, a writ of cetiorari orders a lower court to deliver its record in a case so the higher court ...

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The Probate Process & How Probate Works

By Crystal Ignatowski on Oct 4, 2016 12:36:18 PM in

Court Bonds

  What is probate? Probate is the legal process that governs how a deceased person’s assets are distributed upon their death. One way to think about the probate process is that it acts as ‘the script’ for how things go after someone passes away.  ...

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5 Types Of Court Bonds And What They Do

By Duke Revard on Sep 6, 2016 7:16:00 PM in

Court Bonds

  If you have ever been in court, then you know that private matters can often come under scrutiny. While under oath, you can't avoid the topic. Because lawmakers know this, court bonds are often required to ensure protection against possible loss as a result of court proceedings. There are ...

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How Long Does It Generally Take To Get A Court Bond?

By James Fleming on Feb 26, 2016 3:56:00 AM in

Court Bonds

When you're in a position of responsibility, it often occurs suddenly. A relative passes away, and you become the executor of the will. A family member is unable to care for themselves, and you become the guardian of that individual. When you're in these moments, you need a court bond to assume ...

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Can I Reduce The Court Bond If The Estate Decreases?

By James Fleming on Jan 29, 2016 7:07:00 AM in

Court Bonds

  As the administrator, executor, or guardian of an individual who owns an estate, you have a responsibility to maintain these assets and ensure that the heirs or other individuals involved can benefit from the estate. If you're responsible for taking care of an estate over time, the value of the ...

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If the Estate Value Increases, Do I Need to Increase My Court Bond?

By James Fleming on Jan 22, 2016 11:54:00 AM in

Court Bonds

  When you're the executor of an estate, you have a responsibility to ensure that the estate's assets are distributed to the correct people. You also need to arrange to set a value on certain assets like a home, and you need to ensure that these assets are sold or passed on to others. If the estate ...

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How Do I Determine The Size Of The Court Bond Needed?

By James Fleming on Jan 20, 2016 11:47:00 AM in

Court Bonds

    When you are an executor of an estate or you're responsible for caring for someone who can't care for themselves, you need to make sure that you safeguard that individual's assets. As an executor, you're responsible for getting someone to appraise assets and you need to distribute them to the ...

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What Does Joint And Several Indemnity Mean For My Court Bond Application?

By James Fleming on Jan 15, 2016 1:11:00 PM in

Court Bonds

  A surety bond is a way to let others know that you're responsible. When you sign a surety bond, you make an agreement between yourself, the surety company, and those who are counting on you to take a specific action. If you have a court bond, you may be an executor, a guardian, or an individual ...

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