New York Guardian of a Minor or Incompetent
The amount of the bond is set by the court in New York and is based on the value of the estate.
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BondAbility is an approved provider of Guardian of a Minor or Incompetent Surety Bonds in New York. Guardian of a Minor or Incompetent Surety Bonds are required by county courts of persons appointed as a Guardian or Conseravtor to handle the assets of a minor or an incompacitated adult. Guardian of a Minor or Incompetent Surety Bonds guarantee that the funds will be handled in accordance with court orders. Because of the complexities involved, the surety usually requires that the applicant obtain the assistance of an attorney. Bond premiums must be paid annually until the estate is properly settled. In the case of Guardian of Minor surety bonds, premiums are usually collected in advance until the minor reaches 18.
You are applying for a New York Guardian of a Minor or Incompetent Surety Bond.
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