Administrator or Executor Bonds in Oregon

Oregon 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 Oregon 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 Oregon.

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 Oregon.

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 Oregon:
In addition to the applicants credit report, there are many other factors that are taken into consideration when pricing Administrator bonds in Oregon. 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
As one of the northwestern most states in the U.S., Oregon has a maritime climate, making it prone to receive a lot of rainfall per year. The state also has a lot of volcanoes, dormant and active, that make up its rugged western landscape.

Mount Hood, the tallest point in Oregon, was once an active volcano. Oregon has over 35 volcanoes in total, and Crater Lake, the deepest lake in the country, was formed from one of the dormant volcanoes.

On top of having the deepest lake, Oregon has the deepest river gorge as well, Hells Canyon. It is approximately 8,000 feet deep. The state also has a monument dedicated to the caves carved out of solid marble that were discovered in 1874.

Oregon is the only state to have a "state nut", theirs being the Hazelnut, or as Oregonians call them, "filberts". In Springfield, the first Hazelnut orchard was created, and is now known as Dorris Ranch.

Oregon is also the only state to have a double-sided flag. One side depicts a shield with an eagle on top of it. The shield pictures the sun setting over the Pacific, and it is surrounded by 33 stars, while the opposite side has a gold beaver. In 1948, the town of Portland created Mill Ends Park. It is the smallest in all of the United States, at just 2 feet wide, and is said to have been created for the specific purpose of having "snail races on St. Patrick's Day".

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