Guardianship Bond Amounts: How to Determine Penalty Amount

Senior woman sits next to and whispers into senior mans ear.

Guardianship bonds may not be the most thrilling topic, but they play a critical role in protecting vulnerable individuals who cannot manage their finances and personal affairs. Each state has its own rules about the bond penalty amount, but there may be additional local rulings or regulations that apply.

If you’re not sure what the guardianship bond amount should be, don’t worry! Seeking the advice of an attorney who specializes in guardianships or elder law can provide valuable guidance on determining the appropriate bond amount, which is ultimately decided by the court.

If time permits, it’s recommended to file the case and let the judge order a specific bond amount. This ensures that the bond is accurate and suitable for the case.

It’s important to note that while Pro Se representation is permitted by courts, most insurance carriers will require an attorney. Guardianship bonds require an attorney, except in some cases where the bond penalty amount is very low and the applicant is exceptionally qualified with prior experience.

We can provide names of guardianship attorneys

At our agency, we understand the importance of having a reliable attorney to assist with guardianship bond cases. If there are funds needing a bond, there are generally funds for an attorney, which are paid for by the ward’s assets and not your own funds. On request, we can provide names of attorneys in your area who have handled guardianship cases and purchased bonds in the past.

In conclusion, dealing with guardianship bonds can be complicated, but having a qualified attorney on your side can make the process smoother. They can assist with determining the appropriate bond amount and provide valuable legal advice throughout the process. Don’t hesitate to reach out to us for assistance, we are here to support you every step of the way!

How to apply for a guardianship bond

Our agency issues more probate court bonds in a week than most agents do in a year. We offer online applications, quick response times, and the best pricing available. Apply online for a guardianship bond or Download PDF Guardianship Bond Application.