Guardianship & Conservator Bonds
Place a guardianship bond for your client through Baker's wholesale surety market. Covers guardians and conservators of a minor or incapacitated adult.
A guardianship bond is a fiduciary surety bond required of a guardian or conservator the court appoints to manage the person or assets of a minor or an incapacitated adult, known as the ward.
What it does
- →Guarantees the guardian or conservator protects the ward's interests and finances
- →Answers to the ward's estate if the guardian misuses or neglects the assets
- →The court sets the penal amount, often based on the assets under the guardian's control
Who needs it
- →A guardian appointed over the person or property of a minor
- →A conservator managing the estate of an incapacitated adult
- →Anyone the court names to safeguard a ward's assets
Terms vary by state — some courts separate guardian of the person from guardian of the estate.
How to place it through Baker
Baker Insurance and Bonds is a wholesale surety market for independent agents; the client stays with you.
- ✓Send the court order, the bond amount, and the guardian's details
- ✓We match it to a surety and return the form for the court file
- →Start a bond quote, or send the application link to your client
** Terms used here are a summary only. Always refer to the bond form and the obligee's requirements.