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A financial guarantee ensuring the guardian manages the minor's affairs responsibly.
A guardian of minor bond is a fiduciary bond that protects the interests of a minor who cannot manage their own affairs. This bond ensures that the guardian will act in the best interests of the minor, overseeing their financial and personal matters in accordance with legal standards. It serves as a safeguard for the minor's assets and well-being, providing compensation for any mismanagement or misconduct by the guardian.
Credit score over 650,Appointed by the court as a guardian,Must have an attorney or prior experience in guardianship,No disputes regarding the minor's care or guardianship
Premium must be paid through the age of 18 or until the date of high school graduation, depending on the bonding company. Guardian bonds are often required by courts to ensure accountability in guardianship.
Here are some of the most asked Potter 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.