Up to and including a $100,000 surety bond requirement, our agency issues the Washington probate bond immediately upon completion of a surety bond application, providing us with court documents, and payment of the requisite premium.
Premiums, regardless of the amount, renew annually on the anniversary of the bond's issuance.
For amounts greater than $100,000 --even if by $1, the following is applicable:
The cost of the Washington probate bond will be a small percentage of the value of the estate. The final premium, which renews annually for as long as the probate process continues, will be determined by:
Applicants will need good credit to be able to for these favorable premium rates above $100,000.
Probate is the process of “proving of a will”, and depending on the amount of money, property, and other goods involved, the probate process can take anywhere from several months to several years. Probate also occurs when someone dies intestate, that is, without leaving a will.
Probate will also occur when the validity or portions of a will are contested.
There are, in fact, numerous conditions which can lead to probate, and when families and money are involved, the process can become emotional, time-consuming, and, depending on the amount of money involved, expensive.
During the probate process, a legal representative may be required to obtain a probate bond.
The bond amount required will usually depend on the value of the estate in question. The duration of the bond will last, normally, until the probate process is complete; that is, when the final disposition of the estate takes place.
AmeriPro Surety Bonds provides fiduciary surety bonds, license and permit, and contract bonds throughout Washington state.
Our focus is surety bonds-only. To that end, AmeriPro Surety Bonds provides surety bonds nationwide.
Call us today to get obtain your required Washington probate bond: