Administrator or Executor Bonds in Texas

Texas 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 Texas 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 Texas.

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 Texas.

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 Texas:
In addition to the applicants credit report, there are many other factors that are taken into consideration when pricing Administrator bonds in Texas. 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 biggest state in the continental U.S., Texas is a world a part from the rest of the country. It was even an "independent nation" from the years of 1836 to 1845. Three of the United State's largest cities, Houston, San Antonio, and Dallas, are all located in the state, and 7.4% of the total land area of the U.S. is taken up by Texas. The western part of the state has more sheep than any other state. Thus, making Texas as the top wool producer in America. The state has also had some of the most devastating weather that the country has ever seen. In 1900, a hurricane struck Galveston, leaving 8,000 people dead. In 1979, Tropical Storm Claudette, dropped over 45 inches of rainfall in just 2 days. This became the new record for a 24 hour period with 43 inches of rain. More than 80% of Texas is used for farmland, making it the largest agricultural land user in the U.S. The state also has 16 million cattle. Texas also produces more natural gas, oil, and sulfur, than any other state. There have been 5 capitals of Texas over the course of its history. Those of which include Washington-on-the-Brazos, Galveston, Harrisburg, Columbia, and Velasco. In 1830 the capital was changed to Houston for approximately 2 hours before changing back to Austin.
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