Tag: What Is A Probate Bond

Understand a Probate Bond and How much it will Cost?

Probate Bond is also known as the estate, executor, and fiduciary bonds. These bonds are required to be purchased by a person responsible for distributing a person’s estate after he or she passes away. The probate bond protects the deceased’s assets. Trustees have certain duties (some of which are fiduciary). Carry out the expressed terms of the trust instrument Defend the trust Prudently invest trust...