Administrator or Executor Bonds in PA

Pennsylvania 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 Pennsylvania of persons appointed to handle a deceased's estate. Administrator and Executor bonds are usually only required when the proposed administrator or executor resides out of state or when there is a disagreement among the heirs. 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 Pennsylvania.

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 Pennsylvania.

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 Pennsylvania:
In addition to the applicants credit report, there are many other factors that are taken into consideration when pricing Administrator bonds in Pennsylvania. 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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The state of Pennsylvania is one of the most historical places in all the United States, and it also holds many famous firsts for our nation. It became the only member of the original 13 colonies not to share a coast with the Atlantic Ocean, in 1787. Making it the 2nd state admitted into the Union.

The city of Philadelphia was also the first capital of the United States, where the Declaration of Independence was signed in 1776.

At one time, the largest city. Philadelphia was also the location of the first "Presidential Mansion, the birthplace of the original American Flag (created by Betsy Ross), where the first newspaper was published, the home of the countries oldest zoo, and is where the first computer was used.

Not to mention the home of the Liberty Bell, Philly Cheesesteak, soft pretzel, water ice, and TastyKake Corporation. The town of Pittsburgh is also one of the top steel producers in the world.

The city has more than 300 sets of steps, more than any other in the United States. If the steps were to be spread out they were be over 26,000 feet high, taller than most mountains in the Himalayas. In Indiana County, Pennsylvania, more Christmas Trees are produced every year than any other place on earth. Speaking of Christmas, every year on December 25, there is a reenactment of George Washington crossing the Delaware River. The town of Franklin has been a world oil producer since oil was discovered in Titusville, Pennsylvania, not far away.

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