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Don’t Get Caught in a Bind: What You Need to Know About Cancelling Your Probate Court Bond

Red cancelled stamp by Pete Linforth from Pixabay

Probate Court Bond Cancellation: What Bond Principals Need to Know Probate court bonds are required by probate courts in many circumstances when someone dies or needs guardianship. These bonds provide protection for the interests of the deceased person’s heirs and beneficiaries or the ward in the case of guardianship. Most of these bonds renew annually,…

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Probate attorneys proceed with caution: Minimums…bigger isn’t always better.

man pointing at 'maximum' on digital gauge superimposed in front of him

Attorneys frequently request specific bond amounts based on what they think is the minimum required amount, but often lack the full knowledge of probate bond minimums and requirements. These arbitrary amounts or statements such as “give us the minimum” or “just give us a 40k bond” can lead to inappropriate bond requests, higher costs, and…

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