Florida Guardian Bond A Guardian is a person appointed by the court to manage, preserve, invest and reinvest the property of a minor until the ward reaches legal age. The Guardian must account to the court on an annual basis.
A Florida Administrator Bond, also known as a Probate Bond, is a crucial legal requirement in the state of Florida, ensuring that the executor of an estate adheres to the probate court’s directives and ethically manages the deceased’s assets. This bond protects the beneficiaries from potential mismanagement or fraud by the estate administrator. It’s a safeguard that instills confidence in the probate process, ensuring that the estate is handled with integrity and in accordance with the law. Whether you’re navigating the complexities of estate planning or stepping into the role of an executor, understanding the nuances of a Florida Probate Bond is essential for a smooth and compliant probate process.
Florida Conservator Bond A Conservator or Conservatorship Bond is a Bond on behalf of a person who has been declared by the court as incompetent and incapable of managing his or her own affairs. The Bond guarantees that the committee will faithfully discharge the trust delegated to him and he will obey all instructions of the court and account for all properties, whenever the court requires.
A surety bond ensures contract completion in the event of Contractor default. Contractor who need bonds for their small construction needs can depend on Palmetto to stand by their business for all their surety bond needs. We make the process easy and will establish a working relationship with you and your staff.
Florida Injunction Bond An Injunction Bond is a judicial order issued by a court in favor of the plaintiff whereby the defendant is required to do or refrain from doing a particular act until the issue is decided in court. The Bond guarantees that the plaintiff will indemnify the defendant against all damages and costs should the court rule in the defendants favor. A defendant could also provide an injunction Bond to allow his continued action until the matter is resolved in court. In this situation the Bond would guarantee the defendants indemnification of the plaintiff’s damages should the plaintiff prevail.
Florida Generic Utility Bond (Individual) In certain cities in Florida a Utility Bond is offered as a replacement to a cash deposit. This Bond states that the applicant (Principal) has entered into contract with the Utility (obligee) and that the applicant will pay fully and promptly for any and all utility services received.
Florida Personal Representative bond Florida Personal Representative Bond
Florida Appeal Bond An amount of money placed in holding while the appeal is being decided. An appeal bond is supplied by the appellant (plaintiff) who is appealing the court’s judgment, and is usually in the amount of the original judgment (though it could be more). Referred to as a safety net bond which helps protect the court from frivolous appeals that cost the court time and money, an appeal is always posted by the losing party in a court case. A losing defendant needs this to secure his right to appeal and stay the judgment. It is required by both federal and state court. The process of appealing involves posting a full judgment in addition to posting interest. An appeal bond should be discussed early in a case, since the cost of this bond can be high and defendants are required to post this bond a few weeks after the judgment.
Florida Executor Bond An Executor is the person named in a will, who is responsible for managing and distributing the estate of someone who has died. The Executor Bond ensures that the Executor fulfills all duties faithfully and completely. This Bond protects against possible fraud or embezzlement by the executor.
Florida Generic Utility Bond (Company) In certain cities in Florida a Utility Bond is offered as a replacement to a cash deposit. This Bond states that the applicant (Principal) has entered into contract with the Utility (obligee) and that the applicant will pay fully and promptly for any and all utility services received.
75 Port City Landing #130
Mt. Pleasant SC 29464
