Q: Does an administrator have to be bonded for probate.
And if so, is it hard to get bonded, & do you need to have good credit to get bonded
A:
Yes, an administrator does have to get bonded unless the will (if there is a will) waives the requirement of the bond. Also, a bond may not be required if all the estate heirs sign appropriate court forms to waive the bonding requirement.
A bond can be hard to get or easy to get. It depends upon the size of the estate and the credit score of the person applying. The attorney handling the probate typically helps with this.
David L. Crockett, attorney/CPA/broker AV preeminent rating by Martindale Hubble
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