Wisconsin Probate Bond | AmeriPro Surety Bonds |
Probate Surety Bonds – Wisconsin
Probate can be broadly defined as determining the disposition of a will. But beyond the responsibilities and required bond of a personal representative in Wisconsin, a surety bond may also be required of the following persons:
- Executors with will annexed;
- Guardian of minors;
- Guardian of those mentally or physically incapacitated.
Our agency offers you the Wisconsin probate surety bond for all of these categories.
Qualifying for the Probate Bond
Obtaining a probate surety bond is fairly easy. Our agency now offers you a Wisconsin probate surety bond for up to $100,000 with no credit check.
To qualify for probate bonds up to this amount, after providing the amount required, you will complete an application and pay the premium for at least the first year. The bond is issued to you thereafter, and an emailed copy can be sent to you for no additional charge.
The original bond with the wet signature will be mailed to you the same or the following business day.
Probate surety bonds above the $100,000 mark require both an application and that you undergo a credit score check. Additionally, depending on the amount of surety bond required, you may be asked to provide a financial statement.
The Amount and the Cost of a Probate Bond
Probate bonds are typically in the value of the estate. Judges may also have the discretion to determine the future estimated earnings of an estate as part of the bond amount required.
A $100,000 Wisconsin probate bond from AmeriPro Surety Bonds will cost you just $500, annually.
Higher amounts will have a premium reflective of the amount required and information provided by you and a credit score inquiry.
Duration or Surety Bond Term
Your probate bond premium renews annually; it is not just a onetime fee. At the time of the purchase of the bond, you have the option to prepay the bond for up to 3 years, thereby offering you a savings over year to year renewal of the premium.
The Wisconsin probate bond of whatever type and amount serves as a financial guarantee that you will act in a proper fiduciary capacity over the estate to which you have been entrusted.
Depending on the type of probate bond, therefore, its purpose is to protect any heirs of an estate, minors, or incapacitated persons from acts of negligence or malfeasance.
AmeriPro Surety Bonds is a surety bonds only agency which provides probate bonds throughout Wisconsin. Our agency also provides license and permit, court, and fiduciary surety bonds.
We provide surety bonds both in Wisconsin and nationwide.
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