Texas Probate Bond |
AmeriPro Surety Bonds | 844-589-9732
Texas Probate Bond
Texas probate bonds are governed under Chapter 7, Part 2 Section 194 under Oaths and Bonds of personal representatives.
When required by a judge, the probate bond is a financial guarantee that an estate’s representative will act in accordance of the law and not mismanage, defraud, or commit any criminal activities in their fiduciary capacity as an estate’s representative.
Probate bonds are also required to ensure that upon an estate’s settlement, the heirs will receive what is rightfully theirs without having to worry about money squandered or misappropriated.
Qualifying and the Premium
Our agency offers you the Texas probate bond in the amount required. For Administrators, Personal Representatives, and Executors, we also do so without a credit check for any amount up to and inclusive of $250,000. A surety bond required of a Texas guardian or conservator has a different level of qualifications.
If you require a probate bond greater than $250,000, a surety bond application and review by an underwriter are required. In addition, good credit is also required for approval.
Regardless of the amount of your probate surety bond, our agency will typically need the following from you:
- A copy of the court order or minutes which state that a probate surety bond is required. This order is important because it provides our agency with much needed information for an acceptable surety bond;
- A completed surety bond application. To facilitate ease of completing, the application can be sent to you via DocuSign.
- Review and approval of your probate surety bond application according to, in part, the dollar thresholds discussed above;
- Upon approval of your surety bond, payment of at least the first annual premium.
Our agency issues your TX probate surety bond immediately upon payment of the premium. Included with your surety bond will be a Power of Attorney form. We’ll mail both documents to you, and then you’ll sign surety bond and file it along with the POA to the presiding Texas probate court.
Annual Renewal of the Premium
The premium for your Texas probate surety bond renews annually on the anniversary of its issuance for as long as the court requires surety. Premiums paid are earned in full and are non-refundable, either in part or entirely.
About Our Agency
AmeriPro Surety Bonds is a surety bonds only agency. We provide license and permit, court, and other surety bonds in Texas and all 50 states. Please call our agency today at:
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