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Probate or Fiduciary Bonds

Probate or Fiduciary Bond Application.

What is a Fiduciary?

It is a person who occupies a position of trust, particularly one who manages the affairs or funds of another.

What is a Fiduciary Bond?

It is a bond that is required of administrators, executors, guardians, committees, etc., guaranteeing faithful performance of duty in accordance with the laws applicable to the trust. Frequently called a probate bond because the bond is customarily filed in a probate court.


What is a Probate Bond?

It is a bond that guarantees an honest accounting and faithful performance of duties by administrators, trustees, guardians, executors, and other fiduciaries. So called because such bonds are customarily filed in a probate court. Also known as a fiduciary bond.


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