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Your Guardianship Bond Guide
SuretyBonds.com is legally licensed to issue guardianship bonds in all 50 states. Wherever you need to become a legal guardian, we can help.
What Is a Guardianship Bond?
Guardianship bonds, also known as custodian bonds, are a type of surety bond required for court-appointed guardians. These bonds ensure a legal guardian acts in the best interest of the person they care for and follow all court orders without taking advantage of their position.
How Does a Court-Appointed Guardianship Work?
A guardian is a court-appointed individual who manages the well-being of a person who cannot take care of themselves such as minors, disabled adults or the elderly. A guardian is often the primary caregiver and is responsible for their ward’s finances and affairs.
How Does a Surety Bond for Guardianship Work?
This type of surety bond acts as a financially binding contract between three parties:
- Principal: The guardian who purchases the bond and pledges to uphold the contract terms
- Obligee: The court that requires the bond from the guardian
- Surety: The surety company that provides the bond on behalf of the principal
Guardianship and custodian surety bonds act as a deterrent for people with questionable intentions to serve as legal guardians. For example, if a guardian mismanages their charge’s finances, a claim could be made against their bond to protect the individual under their care from loss.
How Much Does a Guardianship/Custodian Bond Cost?
Surety bond costs vary on a case-by-case basis. Various factors will determine the cost of your guardianship surety bond including:
- Specific qualities of your case, such as the value of the estate
- Your state’s guardianship/custodian requirements
- Your financial credentials
The court sets the guardianship bond amount, and the guardian must pay a percentage of that total to secure the custodial bond. Get an exact quote by applying now.
Guardianship Bond Credit Requirements
To obtain a guardianship bond, applicants usually need a credit score of at least 650. However, SuretyBonds.com has a bad credit bonding program. If you qualify, we’ll work to find the lowest possible bond premium regardless of your credit score.
Get Your Bond Today
Begin the custodial bonding process by filling out our online contact form. Once your application is complete, we’ll find the best rate possible for your bond, typically within 1 business day.
Then, after you submit payment, you’ll receive a digital copy of your bond instantly, and your original bond form via your preferred shipping method.
SuretyBonds.com is the top surety provider in the nation. We offer the best service, fastest delivery and most affordable custodial prices in the industry.