Bond Details
Cost: Depends on applic...
Fiduciary Bond | ||
---|---|---|
Cost: | Depends on application | |
State: | Georgia | |
Category: | Court & Fiduciary | |
Obligee: | Georgia **Generic Obligee** (Party/Entity/Business Requiring you obtain bond) | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | Stated on Bond |
A fiduciary bond is a legal instrument that essentially serves as insurance to protect beneficiaries, heirs, and creditors when a fiduciary fails to perform honestly or competently. A court may require a fiduciary bond for any person or party that has fiduciary duty or responsibility to another. In general, a fiduciary is someone who owes a duty of loyalty to protect the interest of another. A fiduciary may be a trustee, executor, personal representative, administrator, guardian, financial adviser, or other person exercising control over another person's assets and property.
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75 Port City Landing
Ste 103
Mt. Pleasant SC 29464