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Frequently Asked Questions: Bonds and Surety
Why do I need a bond?
Where do I obtain a corporate bond?
Who can be a surety?
Why do I need a bond?
A bond provides "insurance" for the estate in the event assets are intentionally or negligently mishandled causing the estate assets to be depleted.
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Where do I obtain a corporate bond?
Check with a major insurance company.
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Who can be a surety?
A person who is 18 years of age or older, except the attorney for a client.
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