Guardian Bond
What is a Guardian Bond?
A Guardian Bond is a type of Court & Fiduciary bond that ensures that a legal guardian properly manages and protects the financial interests of their ward (a minor or incapacitated adult).
Protects the ward from financial loss due to mismanagement or misuse of assets by the guardian.
Required by courts to ensure responsible management of a ward’s assets by the guardian.
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.
