Guardianship Bonds

A Guardianship Bond guarantees a court that an individual assigned to serve as a guardian will perform their obligations as required by law. It is a type of fiduciary bond required from a person that has been nominated to take care of the financial matters of a person that is legally not able to take care of them on their own. The Guardianship Bond covers individuals such as minors, elderly, and disabled persons. The bond guarantees the appointed guardian will do what is right in the financial interest of the other person.

Guardianship Bonds are usually required when an individual is no longer physically or mentally able to take care of matters on their own. The cost of a Guardianship Bond depends on the limit of the bond and the financial profile of a nominee (principal).