Guardianship Bond insures that an appointed guardian will correctly manage the finances of the individual. This type of bond is also known as custodian bond. Custodian Bond, a type of Probate Bond, guarantees faithful performance of duty by a fiduciary appointed by the court to administer the estate of a minor or incompetent person. The Custodian Bond is synonymous with the Guardianship Bond.
Guardianship bond also known as Custodian Bond, Fiduciary Bond can be issued on the same day of receiving a signed application & court documents. It is subject to credit verification.