Regardless of where you may live in the US, you may have been appointed as a Guardian or as an Administrator of a US veteran.
As a condition of your appointment, you are also required to obtain a surety bond. The bond will typically be in the amount that is equal to the value of the veteran’s estate; or, however, the court judges.
For any Veterans administration fiduciary bond up to and including a $100,000 surety bond requirement, our agency offers this bond to you immediately.
What this means for you is that we offer it without the delay of an underwriter review. There is no credit check. What we’ll need will be the following:
Amounts Greater than $100,000
If your court-ordered requirement includes an amount greater than $100,000 surety bond, we will need the following:
We'll also need the address where you are to send your bond; however, this may be found in the documents you present to us.
Once your bond is approved and payment is received, our office will issue your bond immediately. We’ll send you your surety bond along with a Power of Attorney form. Upon receipt, you’ll sign it as Principal, filing it with the appropriate VA Office.
The premium associated with a Veterans Administration surety bond is not a onetime payment, but rather renews on the anniversary of its issuance, for as long as the surety bond is required.
Options exist to prepay your surety bond up to 3 years, which saves you over annual renewals. However, bear in mind that should you no longer require a surety bond within that period, no refunds will be offered.
As a Guardian or an Administrator of a veteran, you are acting in an important fiduciary capacity. The surety bond, is, therefore, for their protection.
The surety bond protects the veteran, or attorneys, heirs, and others from acts of malfeasance, misappropriation of funds, and other unlawful activities involved which may occur as fiduciary of a veteran’s property and estate.
AmeriPro Surety Bonds provides Veterans Administration surety bonds nationwide. Our agency is also a provider of probate surety bonds, including Guardian of Minors and Guardian of Incompetents surety bonds in all 50 states.
Please call our agency today at:
Or, you may fill out the form below and an agent will contact you.