Your Estate Bond Experts
Delivering fiduciary bonding solutions across Canada.
SURETY BONDS FOR ESTATE EXECUTORS
In Canada, the courts may request a ‘Surety Bond’ or ‘Estate Bond’ be provided before they will issue a Certificate of Appointment of Estate Trustee, commonly known as ‘Probate’. This bond guarantees that the estate trustee will faithfully perform their duties as the Administrator or Executor of the estate.
THE FCA PROCESS – STEP 1
To apply for an Estate Bond the following documents are required:
If a court has appointed you to administer the assets of a person who has passed away without a will, you may be required to provide an an administration bond.
Also known as a Committee surety bond, is specifically required for a person who is appointed by a court to manage the estate of a person who has been declared incompetent. These are also known as Conservator surety bonds or Curator surety bonds.
If you have been appointment to oversee the affairs of a minor child, the court may require you as trustee to have a Guardian Bond.
If you live outside the jurisdiction of the court overseeing the estate (e.g. you live in BC, but your mother who passed away lived in Ontario and named you executor), you will need a foreign executor bond.
THE FCA PROCESS – STEP 3
Wait for your same-day approval. The turnaround time is generally 2-4 hours for these bonds and they will be mailed out per your instructions. With any questions, please call us at the number below or email email@example.com.
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IN THE NEWS
What is a Foreign Executor Bond & What Does it Guarantee? A Foreign Executor bond, or Estate Bond, is usually required where an executor appointed in a will resides out of the province overseeing the estate. Like any surety bond for estate executors, a...read more
When it comes to complicated estates in Ontario, the courts may request a “Surety Bond for Estate Executors” before they can issue a certificate of appointment of estate trustee commonly known as “Probate”. If the courts require an Estate Administrator Bond, you are...read more
Estate bonds are required by the court in order to guarantee the honest accounting and faithful performance of duties by a fiduciary or executor and to administer the estates of deceased persons, incompetent persons, and minors for whom they are duty-bound...read more