Court bonds, because of the litigious nature of the matters involved can be difficult to obtain.  If you need any type of court bond, including those listed below, contact your G & G Surety Professional first.

Appeal Bond – You have been involved in a court proceeding and a judgement has been ordered.  The courts want to make sure that the judgement will be paid should the Appeal fail.  In addition, the courts want to discourage any individual or company from filing for an appeal simply to delay payment of the judgement.  Consequently, the collateral on these bonds can be 100% to 110% of the judgement.  Your G & G Surety Consultant can help place this bond the best and work to ensure that the courts cannot access the collateral until all appeals have been exhausted.

Custodian Bond – At times, the court is required to appoint a custodian for a minor or other person who is deemed incompetent to manage his/her affairs.  When there are assets, usually substantial, available to support the individual, the custodian or guardian is often required to post a bond to guarantee s/she will competently manage this person’s finances.  Your G & G Surety Professional will walk you through the process of obtain the bond and place it in a company that specializes in this area.

Executor or Probate Bond – When a person passes away, the court will appoint a person to manage the estate of the deceased.  This can be the executor if the deceased left a will or another entity if s/he did not.  The Executor/Probate/Fiduciary Bond protects the assets of the deceased and ensures that the debts of the deceased are paid and the appropriate inheritances are divided according to plan or law.  This can entail complicated procedures and your G & G Surety Consultant can assist you throughout by explaining the process and placing this bond in a suitable market.

Fiduciary Bond – For whatever reason, the court often appoints an individual, company or corporation to manage funds that are not their own.  In order to guarantee that these funds are used for the purposes determined by law, the appointee must obtain a fiduciary bond.  Your G & G Surety Professional can help you find a bond suited to the particular purpose the court intended.

VA Fiduciary Bond – The Veteran’s Administration, in 2011, recognizes that, at time, service men and women are temporarily not capable of managing their own affairs.  One example is that they may be deployed, yet their bills need to be paid.  There are a number of other reasons as well.  Because the federal government recognizes that usual fiduciary bonds may have high premiums attached to them, they have passed legislation reducing these fees and assisting those who serve.  If you need help navigating this process and want to make sure that you are not paying more than required, you need a Surety Professional.  At G & G Consultants, we know this process well as we have children who serve!