Nebraska Probate Bond |
AmeriPro Surety Bonds | 844-589-9732
Probate Process – Nebraska
Nebraska probate laws typically refer to that of someone who is appointed as a “personal representative”. More broadly, other types of “probate” titles don’t always require someone to be deceased. The Nebraska probate surety bond offered by our agency for probate cases also includes:
- Administrators of estate;
- Guardian of minors;
- Guardian of someone incompetent or incapacitated.
Qualifying and the Premium
Up to and including a $100,000 surety bond amount, our agency offers you the Nebraska probate bond immediately, without having an underwriter review and undergoing a credit score check.
We will need from you:
- A copy of the court order stating the amount of surety bond required;
- A completed application;
- Payment of the corresponding premium (depending on the amount of surety bond required).
For amounts greater than $100,000 – even if by $1 — in addition to the above, you will also undergo an underwriter and a credit check. To qualify in this instance, good credit is required.
Depending on the amount of surety required, additional information may also be requested to facilitate the underwriting of your bond.
As an example, a $100,000 surety bond will have a $500 premium; a $500,000 surety bond, after approval on credit and other factors, will have a $2000 premium.
Premium and Premium Options
The premium required for a Nebraska probate bond is not a onetime payment. Premium renew annually for as long as the matter is in probate, or for as long as the court requires a surety bond. Refunds are not given nor prorated.
Our agency also offers you the option to prepay your bond for up to 3 years, thereby saving you over annual renewal of the premium.
The premium amount and savings, of course, will depend on the bond amount required. As an example a $100,000 probate bond with a $500 premium will have the following savings:
- If prepaid for 2 years, the premium is $900, a $100 savings;
- If prepaid for 3 years, the premium is $1300, a $200 savings.
Purpose of Your Surety Bond Requirement
As an administrator, personal representative, or guardian of an estate, you act in a fiduciary capacity. Besides the bond being required in accordance with Chapter 30, 30-2446, of the Nebraska state legislature, the bond is a financial guarantee that you will act in a disinterested, lawful manner, over the estate to which you have been appointed.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit bonds throughout Nebraska.
Our agency also provides probate surety bonds nationwide.
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