Probate is sometimes defined as the process by which a will is proven. The term may also refer to those who are guardians for a minor or someone incapacitated; and the term may also to those persons who act as a veterans administrator.
What we write here concerns all of the above categories including:
According to 2-3-102 of Wyoming probate statutes, the amount of your bond is equal to the value of the personal property of the estate; and also the estimated income the estate can be expected to earn within the next year.
Ultimately, your Wyoming probate bond amount is whatever the judge orders.
While our agency offers you the Wyoming probate bond in any amount you require, up to and including a $100,000 surety bond requirement, we offer this bond to you without a credit check inquiry.
Regardless of the amount of your probate bond, we’ll need you to provide and complete the following:
Regardless of the amount, upon and approval and payment of the premium, our agency issues your bond and Power of Attorney (POA) form to you immediately.
Once received in the mail, you’ll sign your bond as Principal and file it along with the POA form to the Clerk of the Court.
The premium associated with your Wyoming probate bond is not a onetime payment, but renews annually on the anniversary of its issuance.
The probate bond is required for as long as the Court determines.
As a potential Wyoming Personal Representative, Administrator, Guardian, or any of the above titles, your appointment as such is conditioned upon following the court order and obtaining the appropriate surety bond.
Your bond is a financial guarantee that you will act in a lawful, disinterested, and fair manner in the carrying out of your fiduciary responsibilities.
The probate bond, therefore, is for the benefit of the estate, not you, in case you act in a manner which causes financial harm.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide probate surety bonds in all 50 states.
Our agency is also an online provider of license and permit, other court and other surety bonds in Wyoming and nationwide.
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