also known as executor bonds, estate bonds and fiduciary bonds, are designed to protect the estate of the deceased from incompetence, fraud and other bad actions by the estate's executor. These bond can also be ordered for guardianship and other positions in an estate.
The probate bond is designed to protect the estate and beneficiaries in the event that the executor fails to live up to his or her duties and obligations. The probate bond can give the estate's beneficiaries peace of mind, reassuring them that even if the executor somehow loses or takes estate assets, they will be compensated. The probate court generally orders the executor to post bond.
Obtaining and maintaining a Cook County probate bond at Jane Bond Surety is simple.
Many probate bonds can be obtained in as little as an hour. Some take longer. Use the highlighted bullet points above to determine what you can expect when applying for this bond. Many (not all) bonds require a credit check. In many instances it simply depends on the actual bond one is applying for and the insurance company's experience in that category. Some bonds are considered low risk and some are considered higher risk. Bonds that do not require a credit check are usually instantly issued.
We, at Jane Bond Surety & Insurance, take your bond very seriously. We also consider the cost. We make every effort to obtain the quickest bond at the lowest rate. If at any juncture you have any questions call us at: 1-844-933-4455.
Locate the probate bond needed.
If this is not the correct bond you can locate other bonds on our Bond List Here. You can also call us at 844-933-4455 for any assistance needed.
Apply for your probate bond.
You can locate a specific application by clicking this link. Once we have your application we hit the ground running to get you a quote.
Quote via email.
Once we receive your app we will locate the best rate available to us. We will communicate that to you via email. The email will contain instructions on how to proceed.
Moving forward.
When you decide to move forward we will provide you with options to pay the premium, receive the probate bond as well as shipping options. It's really that simple!
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