We have Lamb County probate bond options for every need. Not sure what's best? Email or call us!
A financial guarantee ensuring the personal representative manages the estate responsibly.
A personal representative bond is a fiduciary bond that protects the interests of an estate during the probate process. This bond ensures that the personal representative (executor or administrator) acts in the best interests of the estate and its beneficiaries, managing assets and debts in accordance with legal standards. It provides a safeguard for the estate's assets, compensating for any mismanagement or misconduct by the personal representative.
Credit score over 650,Appointed by the court as a personal representative,Must have an attorney or prior experience in estate management,No disputes regarding the estate or beneficiaries
Personal representative bonds are often required by courts to ensure accountability in the management of estates. It's advisable to consult with legal counsel to understand specific probate requirements and responsibilities in your jurisdiction.
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.