1 (844) 589-9732

Oklahoma Probate Bond

While typically required of those who manage the estate of a decedent, an Oklahoma probate surety bond may also refer to guardians of an estate of a living individual. Up to $100,000, our agency offers streamlined processing for this bond. Please call AmeriPro Surety Bonds today at 844-589-9732.

Oklahoma Probate Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Probate – Oklahoma

 

 

 

The Oklahoma probate surety bond usually, but not always, involves the estate of a decedent. Included in this category besides

  • a personal representative of an estate;
  • or an executor of an estate with will annexed;

Are those who are required to obtain a surety bond to act as:

  • A guardian of a minor;
  • or a guardian of someone who is in some sense is incapacitated — whether the incapacity is mentally, physically, or both.

The Oklahoma probate surety bond form may vary required from one probate court to another. You may wish to ask the court if they have a specific form that they use and provide that form to us.

 

 

 

Qualifying and the Premium

 

 

 

For any and all amounts of an Oklahoma probate bond up to and including $100,000, qualification is easy and streamlined.

After presenting us with a copy of the order mandating the probate bond, completing an application — which we can take from you over the phone — and making payment of the premium, our agency will issue the probate bond to you immediately.

What this means for you is that for amounts up to and including $100,000, there is neither a credit check nor an underwriter review. The bond is issued immediately upon completion of the application (and payment of the premium).

For amounts greater than $100,000 – yes, even if just by $1 — there is a credit score inquiry and an underwriter review in addition to the surety bond application. Applicants who qualify will also need to have good credit.

In either case, once the premium payment has been received, a copy of the bond can be issued to you. The original surety bond, which you will need to sign as principal, will be sent by the following business day if not sooner.

 

 

 

Additional Premium Payment Options

 

 

 

The Oklahoma probate bond is issued for a standard one year term, and thereafter the bond is renewed. You will also be presented with the option to prepay your bond for up to 3 years.  Besides lengthening the time between surety bond renewals, prepayment allows you a savings over year over year renewal of your bond and its premium.

 

 

 

Determining the amount of Bond Required; Why Required

 

 

 

It is of course the Oklahoma probate court which has determined the amount of surety required. According to Title 58, §58-171, the value of the estate and the value of the annual rents earned by the estate help determine the amount of surety bond.

As an executor or personal representative of an estate, you act in an important fiduciary capacity. The bond is a financial guarantee for the estate and any heirs that you will not abuse your position, nor commit acts of fraud, theft, misrepresentation or malfeasance in the administration of an estate over which you have been appointed.

While the surety is required of you, the protection afforded by the surety bond is for others, including the probate court.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds only agency which provides probate bonds in all 50 states. Our agency also specialized in providing license and permit bonds.

Please call us today at:

 

844-589-9732

 

Or, you may fill out the form below and an agent will contact you…

 

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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