A Trustee Bond is a type of surety court bond that protects a trust from any losses should the trustee perform their duties in an unethical or dishonest manner.
If your money or property is taken or misused by the trustee you appoint and you have a Trustee Bond, the surety bond company who issued the Trustee Bond will replace your loss up to the total bond amount. If your money or property is taken or misused and you don’t have a Trustee Bond, you risk losing everything.
It’s absolute that the surety company have a copy of that Trust and review it. Usually required when a deceased leaves a Will and designates to leave some assets “in trust” to a beneficiary.
Click on the START MY APPLICATION button to complete our simple, online bonding application. Completing our application allows the underwriters at our office to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond and get the process going immediately!