Once probate or guardianship bonds are issued, in most states, only the Court can change the penalty amount. When requesting to increase a guardians bond, be prepared to provide the following information: Court Order indicating the specific amount decrease, increase or total guardianship penalty amount; Current Accounting or Schedule of Assets resulting in the change…
Ohio Guardian Bonds, as many other states, are typically issued on an annual basis. This means an initial premium is due when the bond is issued. If the guardianship extends beyond one year in length, a renewal premium is due when the guardian bond renews. The premium for the first year of any guardianship bond…
Guardianship Bonds assure ward and potential heirs Guardian will handle affairs and finances properly. Guardian Probate Bonds offer significant protection against malfeasance. If misappropriation occurs, Probate Court can order Guardianship Bond pay amounts owed. Easy Approval for your Guardianship Bond For an easy, straight forward, fast approval for your Guardianship Bond Application, it’s best for…
