MI Administrator of a deceased's estate
Michigan Administrator of Estate Surety Bond amount is set by the court and is based
on the value of the estate
BondAbility is an approved provider of Adminstrator of Estate Surety Bonds in Michigan. Administrator of Estate bonds are required by county courts of persons appointed as an Administrator or Administratrix of a deceased's estate. Administrator of Estate bonds guarantee that the Administrator will properly collect the assets, pay all outstanding debts and taxes, and distribute the remainder to the heirs. Because of the complexities involved, the surety usually requires that the applicant obtain the assistance of an attorney. Bond premiums must be paid annually until the estate is properly settled.
You are applying for a Michigan Administrator of Estate Surety Bond.
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