Administrator or Executor Bonds in DC

District of Columbia Probate Bond amounts are set by the court and are based
on the value of the estate



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Administrator and Executor bonds (also called Probate Bonds) are required by county courts in the District of Columbia of persons appointed to handle a deceased's estate. These bonds generally guarantee that all the estate debts will be satisfied and that the remaining assets will be properly distributed to the appropriate heirs. Because of the complexities involved, the surety usually requires that the applicant obtain the assistance of an attorney, although we do have markets that will consider bonds for qualified applicants without an attorney. Bond amounts are determined by the court. Bond premiums must be paid annually until the estate is properly settled.

Executor Bond - Required when the deceased left a Will and named someone in the Will to serve as executor. The surety will usually want to see a copy of the Will to determine to complexity of handling the estate in the District of Columbia.

Administrator Bond - Required when the deceased died intestate (without a Will). The court will usually appoint one of the primary heirs to serve in this capacity. Assets should be dispursed in accordance with the state's laws in the District of Columbia.

Trustee Bond - Usually required when a deceased leaves a Will and designates to leave some assets "in trust" to a beneficiary. In all cases, the surety must review a copy of the Trust.

Sample Probate Bond Pricing in the District of Columbia:
In addition to the applicants credit report, there are many other factors that are taken into consideration when pricing Administrator bonds in the District of Columbia. We provide the examples below to give you an idea of what qualified applicants should expect to pay. We find the best possible price for your surety bond given your particular qualifications.

Bond Amount Cost
$10,000 $100
$25,000 $135
$50,000 $260
$100,000 $460
$200,000 $860
$500,000 $1,610

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All bonds are guaranteed to be accepted by the obligee
While it is not an official state, Washington D.C. is perhaps the most important place in America. It was named after president George Washington, and the "C" in D.C. is named for Christopher Columbus.

As the home of our national government, hundreds of politicians reside in the District of Columbia, including the President of the United States and his family. While the main purpose of the district is to conduct federal business, there are many other components that make it the center of the U.S. in more ways than one.

Before becoming our nation's capital, it was the port of Georgetown. It is now home to hundreds of historical museums and monuments and receives millions of visitors per year. It also has some of the most popular tourist attractions, including the National Air and Space Museum and the Washington Monument.

Washington D.C. has its own football team, the Washington Redskins and a MLB team, the Nationals. The Nationals Stadium is the first "green" stadium in the country.

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