SURETY SOLUTIONS BLOG

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What Happens If I Don't Have A Probate Bond?

By Duke Revard on Apr 27, 2017 9:13:00 AM in

Court Bonds

  If you're a guardian, executor, or trustee for an estate, you need to show that you can manage the estate responsibly. This is why you need a Probate Bond. A probate bond is a type of court bond that ensures the wishes of a deceased person are carried out ethically and honestly. If an error does ...

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What Is An Administrator Bond?

By James Fleming on Apr 26, 2017 2:15:00 PM in

Court Bonds

  An Administrator is a person appointed by a probate court when an individual dies leaving an estate but no will. An Administrator is appointed to oversee the deceased’s assets.   Managing an estate is hard, detail-oriented work. When you're managing an estate on behalf of someone else, you need ...

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What Is A Temporary Restraining Order Bond?

By Crystal Ignatowski on Apr 18, 2017 2:05:00 PM in

Court Bonds

  A temporary restraining order (also known as a TRO) is a short-term court order issued by a judge which forbids a person from engaging with someone else. A TRO is a type of court injunction. Watch a video about court injunctions. Temporary restraining orders are normally found in cases involving ...

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What Is A Trustee Bond?

By Crystal Ignatowski on Apr 17, 2017 1:35:00 PM in

Court Bonds

  Instead of passing on an estate outright, an individual might establish a trust or trusts for his/her beneficiaries. A trust is a document that looks similar to a will. It gives instructions for how you want your property and assets to be handled and distributed to your beneficiaries. A trust ...

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How Much Does A Probate Bond Cost?

By Duke Revard on Apr 17, 2017 11:15:00 AM in

Court Bonds

    When you are in charge of managing an estate, you have a large amount of responsibility. While your family and others with interests in the estate may trust that you can manage this responsibly, a Probate Bond provides reassurance to them.   Probate Bonds are often required during the probate ...

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What Is An Injunction Bond?

By Crystal Ignatowski on Apr 14, 2017 1:31:00 PM in

Court Bonds

  What is an Injunction? A court injunction is a judicial order that requires a person to do or stop doing something. Plaintiffs can apply for a court injunction which requests the judge to prohibit the defendant from engaging or carrying out a specific act. Injunctions can also order the defendant ...

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What Is A Supersedeas Bond?

By Crystal Ignatowski on Apr 14, 2017 11:17:00 AM in

Court Bonds

  When a defendant loses in court, they might choose to appeal the decision to a higher court, usually to stay execution of the judgment. When this happens, the court might require the defendant to secure a Supersedeas Bond. Supersedeas Bonds are also called Appeal Bonds....

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Everything You Need To Know About Guardianship Bonds

By Crystal Ignatowski on Apr 12, 2017 2:39:00 PM in

Court Bonds

    When someone can no longer care for themselves, either because they are a minor (under 18 years of age) or incapacitated, a Guardian might be appointed. A Guardian is a court-appointed individual who cares for the well-being of someone else. In the case of a minor, a Guardian is usually the ...

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What Is An Indemnity To Sheriff Bond?

By Crystal Ignatowski on Apr 11, 2017 2:09:00 PM in

Court Bonds

  A writ of execution is a court order issued to enforce a prior judgement issued by a court. Typically, a court will order a sheriff to take posession of property that is owed by a debtor. Before the sheriff takes possession of the property, the court may require the plaintiff to secure an ...

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Everything You Need To Know About Conservatorship Bonds

By Crystal Ignatowski on Apr 11, 2017 1:43:00 PM in

Court Bonds

  When an individual cannot manage their financial affairs, a Conservator might be appointed. A Conservator is a court-appointed fiduciary who takes care of real estate, manages bank accounts, and handles investments for an individual who can no longer manage those on his/her own. To ensure a ...

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