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Expert Probate Court Bonds, Licensed Since 2006

Ohio Administrator Bonds

How do I apply for an Ohio Administrators Bond?

We make applying for Ohio Administrators Bond easy by offering a fast Online Application, or you can Download Application and return by fax or secure message.  Information required is the same ordinarily found on a personal credit application, and probate case information.  You’ll need decedents full name, county probate case being filed, estate assets, estate heirs, and other information.

Apply Online      Download Application      Send Secure Message

 

How fast can I get an Ohio Administrators Bond?

Once you apply for an Ohio Administrators Bond, we typically confirm receipt of your application within a few hours. Additional questions often arise, prompt reply to follow up questions helps expedite process. Once all questions have been answered, approval and issuance is typically same day or within 24 hours.  Our bonds are sent with USPS Delivery Confirmation / USPS Tracking at no additional charge. Overnight and same day courier is available at additional cost.

What are the qualifications to obtain an Ohio Administrators Bond?

Ohio Administrators Bonds, or Probate Court Surety Bonds, are evaluated based on three main criteria:

  1. Personal credit history of applicant;
  2. Attorney retained to answer questions for applicant;
  3. Applicant experience handling probate or financial matters.

What is an Ohio Administrator Bond?

Probate Courts often order Ohio Administrator Bonds for cases when party is deceased without a written will.  An Ohio administrators bond is very close to an executor bond. Sometimes courts may apply gender-specific language, using Administrator for male, or Administratrix for female. Surety Bonds guarantee applicant will perform fiduciary duties without fraud or malfeasance.

How much does an Ohio Administrators Bond cost?

We work with many insurance carriers offering Ohio Administrator Surety Bonds.  Each carrier determines its own rates, which are typically based on a tiered percentage basis.  Price for an Ohio Administrators bond typically vary from 0.25% up to 0.75% of face value, with a minimum premium of $100.  Most bonds require annual renewal payment, however we have carriers that offer a flat rate, one-time-payment for minimum penalty bonds.

Best prices… we beat any scheduled rate!

Ohio Administrator Bond PenaltyOhio Administrator Bond Price
Less than $20k$100+ one-time-payment
$20k – $40k$100+
$41k – $60k$103 – $380+
$61k – $80k$153 – $450+
$81k – $100k$203 – $525+
$101k – $150k$253 – $920+
$151k – $200k$378 – $1220+
$201k – $300k$503 – $1620+
$301k+Varies

 

Apply Online      Download Application      Send Secure Message

 

How is a Surety Bond different than an insurance policy?

A Surety Bond acts more like a co-signor than a regular insurance policy.  If Court deems fiduciary duty was violated and payment due, the insurance company issuing probate bond will pay the court.  However, unlike an insurance claim where insurance company indemnifies applicant, they will seek reimbursement for anything paid.

Where do you offer Ohio Administrator Probate Bonds?

We offer Administrator bonds in the following Ohio Counties:

Adams Allen Ashland Ashtabula Athens Auglaize Belmont Brown Butler Carroll Champaign Clark Clermont Clinton Columbiana Coshocton Crawford Cuyahoga Darke Defiance Delaware Erie Fairfield Fayette Franklin Fulton Gallia Geauga Greene Guernsey Hamilton Hancock Hardin Harrison Henry Highland Hocking Holmes Huron Jackson Jefferson Knox Lake Lawrence Licking Logan Lorain Lucas Madison Mahoning Marion Medina Meigs Mercer Miami Monroe Montgomery Morgan Morrow Muskingum Noble Ottawa Paulding Perry Pickaway Pike Portage Preble Putnam Richland Ross Sandusky Scioto Seneca Shelby Stark Summit Trumbull Tuscarawas Union Van Wert Vinton Warren Washington Wayne Williams Wood Wyandot

Do you offer large penalty probate court Ohio Administrator bonds?

YES!  We work with many probate bond carriers and have been able to accommodate every probate bond request applicants are qualified for.  We are not limited by the same restrictions most other insurance carriers have. We’re able to issue most bonds other carriers can’t – they are unable to issue the very large bond penalty amounts we’ve been successful in obtaining for our clients.  1 million, 2 million, 3 million, 4 million, 5+ million dollar probate court bonds have been issued by our office.  More info on our Large Penalty Probate Court Bonds.