Maryland Administrator of a Deceased's Estate

Maryland Administrator of Estate Surety Bond amount is set by the court and is 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 Maryland 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 Maryland

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 Maryland.

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 Maryland:
In addition to the applicants credit report, there are many other factors that are taken into consideration when pricing Administrator bonds in Maryland. 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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Completing our application allows the underwriters at BondAbility to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond with your personalized quote within the hour!

You are applying for a Maryland Administrator of Estate Surety Bond.
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All bonds are guaranteed to be accepted by the obligee
The state flag of Maryland may look like a colorful mesh of patterns, but not many people know the meaning behind it. The state was founded in 1634 by the Crossland and Calvert families. The gold and black checked design is the family crest of the Calvert's, while the red and white are the Crossland's.

Maryland is home to many famous war ships. The USS Constellation, in Baltimore, is the last surviving vessel from the Civil War, and the United States Naval Academy is located in the capital of Annapolis.

Besides visiting the historical ships, Baltimore, Maryland is also a major baseball town. Home to the Orioles, the state has turned out many famous players like "Babe" Ruth, Cal Ripken Jr., Billy Ripken, and Jimmie Foxx.

Also known for its seafood, Maryland is a top, world producer of blue crabs and of clams. The ultimate tongue-twister, Assateague Island in Maryland is home to hundreds of wild ponies, called Chincoteague's.

There are also many famous forts located in Maryland. Fort McHenry, the site of the battle that sparked our National Anthem, is in Baltimore Harbor, and Fort Meade is located near the town of Laurel, Maryland.

The state is also the birthplace of many famous lawyers and activists. Thurgood Marshall, Frederick Douglass, Reverdy Johnson, and Harriet Tubman are all from Maryland.

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