Bond Details
Cost: Depends on applic...
Personal Representative Bond | ||
---|---|---|
Cost: | Depends on application | |
State: | Florida | |
Category: | Probate Bonds | |
Obligee: | ** Florida ** Generic Obligee | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | Stated on Bond |
A Florida Personal Representative Bond is an insurance product designed specifically for personal representatives licensed to represent a deceased person's estate. This bond protects the personal representative against claims arising from their estate representation.
Features:
• Provides protection for the personal representative if they are sued for negligence or breach of fiduciary duty
• Protects the personal representative from liability for acts performed within the scope of their duties
• Provides coverage for legal fees incurred in defending against such claims
Benefits:
• Provides protection against potential liabilities associated with representing an estate
• Provides protection against possible lawsuits filed against the personal representative
• Provides protection against any damages caused by the personal representative
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