Information on Guardianship Bonds
SuretyBonds.com is legally licensed to issue guardianship bonds nationwide. Whether you're looking to become a legal guardian in Texas, Indiana, Florida or Illinois, we can help.
Guardianship bonds - also called "custodian bonds" and "custodial bonds" - are a unique type of court bond. Guardianship bonds help guarantee legal guardians act in the best interest of the person they care for and follow all orders of the court without taking advantage of their position. Keep reading to learn more about how guardianship bonds work and how to get one.
Get A Free Custodial Bond Quote Without Obligation
There are a few factors that determine the price of this type of surety bond. These factors include:
- Specific qualities of your unique case (amount of the estate in question, etc.)
- Your state's guardianship/custodian requirements
- Your financial credentials (credit score, etc.)
Guardianship bond costs vary on a case-by-case basis. To qualify for this bond, applicants usually need a credit score of at least 650. However, don't let a poor credit score keep you from getting the bond you need. SuretyBonds.com has a history of helping applicants who have bad credit. If you qualify, we'll find you the lowest rate available for your bond.
Learn More About Guardianship Surety Bonds
Like all surety bonds, guardianship bonds act as a financially-binding contract between the following three parties:
- Principal: The principal party — the guardian, in this case — purchases the bond and pledges to uphold the terms of the contract.
- Obligee: The obligee — the state in this case — is the party requiring the bond.
- Surety: The surety is the company producing the bond, therefore backing the pledge on behalf of the principal.
Guardianship bonds ensure guardians accurately manage the finances and affairs of a person who is either under age or otherwise incapable, and act as a deterrent for people with questionable intentions to serve as a legal guardian.
Experience Efficient Bonding Services
The bonding process begins when you fill out our online contact form or call SuretyBonds.com at 1 (800) 308-4358 to connect with an expert surety specialist. An account manager will then walk you through the application process, collect all necessary information and verify your credentials. Once your application is complete, we’ll find the best rate possible for your bond. Typically, this takes about 2-3 business days.
If you're satisfied with your free, no-obligation price quote, your bond will be issued as soon as payment is processed. You'll receive a copy of your bond form via email, and your original bond form will arrive via your preferred shipping method.