Conservator Bond
What is a Conservator Bond?
A Conservator Bond is a type of Court & Fiduciary bond that ensures that a conservator properly manages and protects the financial interests of their ward (an incapacitated adult).
Protects the ward from financial loss due to mismanagement or misuse of assets by the conservator.
Required by courts to ensure responsible management of a ward’s assets by the conservator.
Applicant’s personal information, credit history, bond amount (determined by the court), and ward’s financial details.
Based on credit history and bond amount, usually 1-3% of the bond amount for applicants with good credit.
