Florida Plenary Guardian of Incompetents Bond
AmeriPro Surety Bonds | 844-589-9732
Update September 2020: Our agency offers the Florida guardian of incompetents bond up to a $100,000 surety bond requirement, without a credit check. We will need a copy of the court order or minutes to do so. Higher amounts, of course, are also available; however, to be approved, good credit is required.
Florida Guardian of Incompetents
According to Wex Legal Dictionary, a guardian of incompetents is someone who is judged to be permanently unfit or unable to care for themselves, and because of this unfitness, a guardian is appointed to manage their financial affairs.
In Florida, the Florida guardian of incompetents bond is regulated by state Statute 744.351, which is the specific requirement that appointed guardians obtain a surety bond.
The guardian bond is a type of fiduciary surety bond. The purpose of the surety bond requirement is to serve as a financial guarantee for the court and the person over whom you’ve been appointed, that you will act in a lawful, disinterested manner, in the managing of the affairs and finances of that person.
Qualifying and the Premium
Our agency offers you the Florida plenary (plenary meaning “full” or “absolute”) guardian of incompetents in any amount required; and up to a $100,000 surety bond amount, we also do so without a credit check inquiry.
To obtain your bond, we’ll need the following from you:
- A copy of the court order or minutes which states that you are required to obtain surety. This order will provide us with practically everything needed to complete your surety bond;
- A completed application. Typically, applicants who require a bond $100,000 or less will not need to sign the application. However, applicants who require a bond for greater than $100,000 will need to complete and sign an application. The completed application is reviewed by an underwriter. The review will include a credit inquiry and good credit will be required for approval;
- Upon approval, payment of at leas the first annual premium.
Once your Florida guardian surety bond has been approved and the payment received, our agency issues your bond to you immediately along with a a Power of Attorney form. We will sign your bond as Surety; you will sign it as Principal.
You will then file your completed bond with the respective court. In Florida, many jurisdictions permit attorneys to upload a copy of the complete bond and POA to the court’s website; however, to be sure, you’ll want to first check. If this is the case, then an emailed copy of your completed bond and POA form from our agency will allow you to file the bond more quickly.
Annual Renewal of Your Premium
Your Florida guardian bond will renew annually, on the anniversary of its issuance, for as long as the presiding court requires surety. Premium paid are earned in full. No refunds, in full or prorated will be available.
Options also exist to prepay your bond for several years which offers you a savings over annual renewals. However, again, premiums paid are earned in full.
About Our Agency
AmeriPro Surety Bonds is a surety-bonds only agency. We provide license and permit, court, probate, and other surety bonds in Florida and all 50 states.
Bonds like your guardian of incompetents bond are all we do. We will be with you every step of the way in our goal of securing the bond you require, and meeting the court’s deadline.
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