We have Lamb County probate bond options for every need. Not sure what's best? Email or call us!
A financial guarantee ensuring the administrator manages the estate properly.
An administrator bond is a type of fiduciary bond that ensures the administrator of an estate will perform their duties in accordance with legal requirements and the wishes of the deceased. This bond protects the beneficiaries by providing compensation in case of mismanagement, fraud, or failure to fulfill the administrator's responsibilities. It is a critical component of estate administration, fostering trust among all parties involved.
Credit score over 650,Appointed by the court,Must have an attorney or prior experience,No disputes regarding the estate
Administrator bonds are typically mandated by probate courts. Consulting with a legal professional is recommended to navigate specific jurisdictional requirements.
Here are some of the most asked Lamb County Texas surety bond questions
Any bond changes or cancellations require a court order. By law, neither the attorney, the principal, nor the agent can cancel a bond. Only the court can cancel or change a bond through a court order.
If the court issues an order to change or cancel your bond, please notify us by submitting a secure message on this website. Upload the bond discharge order or let us know if it is available on the court docket for download.
For changes, any additional pro-rated premium will be due if the bond amount is increased.