When you are in charge of managing an estate, you have a large amount of responsibility. While your family and others with interests in the estate may trust that you can manage this responsibly, a Probate Bond provides reassurance to them.
Probate Bonds are often required during the probate process. Not sure how that works? Check out this post on how the probate process works.
A court injunction is a judicial order that requires a person to do or stop doing something.
Plaintiffs can apply for a court injunction which requests the judge to prohibit the defendant from engaging or carrying out a specific act. Injunctions can also order the defendant to stop doing something that is damaging to the plaintiff.
There are three types of injunctions:
Before an injunction can be granted, the court might require the plaintiff to purchase an Injunction Bond.
When a defendant loses in court, they might choose to appeal the decision to a higher court, usually to stay execution of the judgment. When this happens, the court might require the defendant to secure a Supersedeas Bond.
Supersedeas Bonds are also called Appeal Bonds.
When someone can no longer care for themselves, either because they are a minor (under 18 years of age) or incapacitated, a Guardian might be appointed.
A Guardian is a court-appointed individual who cares for the well-being of someone else.
In the case of a minor, a Guardian is usually the primary caregiver. In the case of an incapacitated adult, a Guardian is usually in charge of providing medical treatment, monitoring caregivers, etc.
To ensure a Guardian follows through with their duties, the court might require the Guardian to get a Guardianship Bond.
A writ of execution is a court order issued to enforce a prior judgement issued by a court. Typically, a court will order a sheriff to take posession of property that is owed by a debtor.
Before the sheriff takes possession of the property, the court may require the plaintiff to secure an Indemnity to Sheriff Bond.
The below questions are specifically related to applying, filing, and renewing a court bond. If you are unsure what a court bond is, please read our post “What is a Court Bond and How to get One” post, or check out our Court Bond Guide.
When you are appointed as the administrator or executor of an estate, you take on a large responsibility. One of the things that you need to do is to show that you are reliable and capable of administering the estate on behalf of others.
You might be confused on if you need a Personal Representative Bond or a Probate Bond. What’s the difference between them?
Attachments are used in court cases between a debtor (defendant) and a creditor (plaintiff). When a creditor is owed money, he/she might ask that the court have a sheriff seize the debtor’s property to satisfy payment of a judgement.
You can learn more about Attachments.
An Administrator is a person appointed by a probate court when an individual dies leaving an estate but no will. An Administrator is appointed to oversee the deceased’s assets. This includes paying off the deceased’s creditors and taxes, as well as distributing the estate in the way the deceased would have liked to those who are entitled under law
Sometimes an Administrator is chosen via the probate process. Not sure how probate works? Check out this post on how the probate process works.
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