(844) 589-9732

Virginia Guardian Bond

December 1, 2020

AmeriPro Surety Bonds offers you the Virginia conservator/guardian bond in any amount required; and up to a $100,000 surety requirement, we also do so without a credit check inquiry. Please call our agency today at: 844-589-9732.

Virginia Guardian Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond; Amount and Purpose

 

 

 

As a court-appointed Virginia guardian you are appointed to oversee the financial wellbeing of either a minor or an incapacitated adult.

A condition of your appointment as minor, when required, is that you obtain a surety bond. 

For a Virginia guardian of minor, the statute directly relevant to your guardianship is the Code of Virginia, paragraph 64.2-1704; and for guardians of both minors and incapacitated adults, the relevant statute is the Code of Virginia, paragraph 64.2-1411.  

According to Virginia law, a guardian is required to obtain surety when the estate value exceeds $25,000.

The purpose of your surety bond requirement serves as a financial guarantee of your faithful performance of this fiduciary responsibility, which includes compliance with all laws and directives of the court.

For purposes of securing your surety bond, this bond is also referred to as a Virginia conservator bond.

 

 

 

Qualifying and the Premium

 

 

 

Our agency qualifies you for the Virginia guardian bond up to a $100,000 requirement without a credit check.

If you require a guardian bond greater than $100,000, a surety underwriter reviews your application and runs your credit.  To be approved for an amount greater than $100,000, good credit is also required.

For a guardian bond in any amount, our agency will need the following from you:

  • A copy of the court order stating that a Virginia conservator/guardian surety bond is required;
  • A completed surety bond application.  The application can be sent to you Via DocuSign to facilitate ease of completing;
  • Review and approval of your completed application according, in part, the to dollar threshold discussed above;
  • Upon approval of your application, payment of the first annual premium.

Your guardian surety bond and Power of Attorney form are issued and mailed to you upon payment of the premium.  You’ll first sign your surety bond, then file it along with the POA form to the presiding Virginia court.

 

 

 

Annual Renewal of the Premium

 

 

 

The Virginia conservator/guardian bond premium renews annually on the anniversary of your bond’s issuance for as long as the court requires surety.

Premiums paid are earned in full and are non-refundable.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, probate, court, and other surety bonds throughout the Commonwealth of Virginia and all 50 states.

Please call our agency today at:

844-589-9732

Or, you may fill out the form below and a Surety Agent will contact you...

 

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