How do I apply for an Ohio Guardianship Bond?
We make applying for Ohio Guardians 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 wards full name, county probate case being filed, health status, income source & estate assets, estate heirs, and other information.
How fast can I get an Ohio Guardians Bond?
Once you apply for an Ohio Guardian Surety 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 Ohio Guardian 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 Guardianship Bond?
Ohio Guardianship Bonds, or Probate Court Surety Bonds, are evaluated based on three main criteria:
- Personal credit history of applicant;
- Attorney retained to answer questions for applicant;
- Applicant experience handling probate or financial matters.
What is an Ohio Guardianship Bond?
Probate Courts often order Ohio Guardianship Bonds for cases when party is unable to manage their own affairs, either person or their estate, due to age or illness. Two types of Ohio Guardian Bonds include incompetent/adult guardians bonds and minor/child guardianship bonds.
An Ohio Guardianship Bond is similar to a Conservators Bond. While a Conservators Bond is designed to help with a persons financial affairs, an Ohio Guardian Bond is designed to help with health and personal matters.
How much does an Ohio Guardianship Bond cost?
We work with many insurance carriers offering Ohio Guardians Surety Bonds. Each carrier determines its own rates, which are typically based on a tiered percentage basis. Price for a Ohio guardian probate bond typically vary from 0.25% up to 0.75% of face value, with a minimum premium of $100. For Ohio adult guardianship bonds, most require annual renewal payment. For Ohio minor child guardianship bonds, most carriers require full payment through time child is 18 years old.
Best prices… we beat any scheduled rate!
|Ohio Guardianship Bond Penalty||Ohio Guardians Annual 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+|
How is an Ohio Surety Bond different than an insurance policy?
An Ohio 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 Guardianship Bonds?
We offer Guardian 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