Court Bonds - Probate - Estate - Guardianship Guide
Posted: June 2, 2024
Court Bonds Court Bonds guarantee concerning ligation such as: (a) Appeal Bond which guarantees that a judgment will be paid if an appeal is lost in a higher court; (b) Plaintiff’s Replevin Bond, which guarantees that damages will be paid if the replevin action is wrongfully brought; (c) Removal Bond, which guarantees that damages will be paid if improper removal actions are taken. Guardianship Bond insures that...
What are Guardianship Bonds?
Posted: June 16, 2012
A legal guardian is a person who has the legal authority (and the corresponding duty) to care for the personal and property interests of another person, called a ward. Usually, a person has the status of guardian because the ward is incapable of caring for his or her own interests due to infancy, incapacity, or disability. Most countries and states have laws that provide that...