EXECUTOR BONDS

Executor Bonds are mandated by the court in order to provide assurance that the Executor of an estate correctly allocates the assets for an incapacitated or deceased person with whom they have been assigned fiduciary duty.

If the Executor resides outside of the province or country from the location of the estate then a Foreign Executor Bond is required.

Why are Executor Bonds required?

Executor Bonds are directed by the court in order to guarantee the honest accounting and faithful performance of duties by a fiduciary or trustee.

Executor Bonds provide assurance that the Executor of an estate appropriately handles, and distributes, the assets of the disabled or deceased person whom they are duty-bound to act on behalf of.

What does an Executor do?

An Executor ensures that the deceased or disabled person's assets are distributed appropriately.

The Executor Bond protects the stakeholders in the event that the Executor does not act ethically.

How much does an Executor Bond cost?

The price of an Executor Bond varies accordingly to the estimated value of the estate, bond coverage, and financial health of the Executor.

We will help you find the best rate possible. Contact us for a quote!

How do I get an Executor Bond?

Ai’s bonding experts can assist you with acquiring this financial instrument while guiding you through the process using industry-forward knowledge and insight.

Please call us at 1-877-213-4545 or fill out the instant quote form.