{"id":117,"date":"2016-11-19T09:57:52","date_gmt":"2016-11-19T09:57:52","guid":{"rendered":"https:\/\/www.suretegrity.com\/blog\/?p=117"},"modified":"2016-11-19T09:57:52","modified_gmt":"2016-11-19T09:57:52","slug":"a-guide-about-court-and-fiduciary-bonds","status":"publish","type":"post","link":"https:\/\/www.suretegrity.com\/blog\/a-guide-about-court-and-fiduciary-bonds\/","title":{"rendered":"A Guide About Court and Fiduciary Bonds"},"content":{"rendered":"<p>A court may require a fiduciary bond for a person or party that has fiduciary responsibility to another. A <a href=\"https:\/\/suretegrity.com\/bond-type\/Court-Fiduciary\">fiduciary bond is a legal instrument<\/a> that protects the beneficiaries, heirs, and creditors in the event when a fiduciary fails to perform honestly and proficiently. A fiduciary can be a personal representative, financial adviser, trustee, executor, administrator, guardian, or anyone who is appointed by the court to exercise control over another person\u2019s or business&#8217; assets or property.<!--more--><\/p>\n<p>The beneficiaries, heirs, or creditors can also request a fiduciary bond if they are concerned about the financial status or loyalty of a fiduciary. The bond will assure them that their assets or properties will be protected and the fiduciary will comply with his\/her duties and responsibilities. Some of the common types of fiduciary bonds are conservators of incompetence, receiver of rent or money owed, administrator\/executor\/trustee of estates, and trustee or trustees in bankruptcy.<\/p>\n<p>The cost of a court &amp; fiduciary bond is usually equivalent to the estimated amount of assets or properties being managed, sometimes even higher.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A court may require a fiduciary bond for a person or party that has fiduciary responsibility to another. A fiduciary bond is a legal instrument that protects the beneficiaries, heirs, and creditors in the event when a fiduciary fails to perform honestly and proficiently. A fiduciary can be a personal representative, financial adviser, trustee, executor, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-117","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Guide About Court and Fiduciary Bonds - Suretegrity<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.suretegrity.com\/blog\/a-guide-about-court-and-fiduciary-bonds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Guide About Court and Fiduciary Bonds - Suretegrity\" \/>\n<meta property=\"og:description\" content=\"A court may require a fiduciary bond for a person or party that has fiduciary responsibility to another. A fiduciary bond is a legal instrument that protects the beneficiaries, heirs, and creditors in the event when a fiduciary fails to perform honestly and proficiently. 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