Executrix Bond | Surety BondExecutrix Bond Application
Type of BondThe executrix bond is also a part of the surety bond, which guarantees the faithful performance of the fiduciary duty. The fiduciary named executrix is appointed by the court for the performance of the duty as per the will. To guarantee the executrix duty this executrix bond is imposed. This executrix will carry on the wishes, which are expressed in the will to administrate and distribute the asset. The executor may be a bank trust officer, lawyer or trusted friend. This executor will pay off any debt and settle the balance according to the will. This executrix bond ensures the proper performance and faithfulness of the executrix with reference to the will. In failure of the performance, this executrix bond helps to sue him in the court of law for the default.
Program: Our agency currently has several specialty programs that can help you place your Executrix Bond.
Executrix Bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3% for most surety bonds. If your credit has taken a beating the rates start at 4% to 25%.
Always check with the "Obligee" for details
Our application process for a Executrix Bond is easy. You can apply for the Executrix Bond Application .Find this bond for another state
Obligee InformationAn obligee is the entity that is requiring you to have the Executrix.
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