Delaware trustee bonds.
We size, underwrite & quote it.

When the Court of Chancery or the trust instrument requires it, a trustee must give bond.
It secures the faithful performance of the trustee’s fiduciary duties.
The court sets the amount to protect the beneficiaries — and we underwrite it.
A surety specialist reviews your file and returns a quote, usually within one business day.

Required when the court or the trust instrument calls for it under Title 12 of the Delaware Code
Amount is set by the court to protect the interests of the beneficiaries
Underwritten on the trustee’s file; collateral may apply to a large trust
Underwrittencourt sets the amountA-ratedA.M. Best carriers1 business daytypical specialist reply
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
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Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Built for the order requiring bond.

When the Court of Chancery orders a trustee to give bond, or a trust instrument requires it, that bond gates the trustee’s authority to act. Here is the whole process:

TODAY · 10 MINUTES

Send us the file

Apply online with the order or trust provision requiring the bond, the trust’s value, and the trustee’s details. The value of the trust drives the penal sum.

WITHIN 1 BUSINESS DAY

A surety specialist underwrites it

A specialist reviews the file, a credit check, and any financials, then returns a quote. The amount is set by the court — underwriting decides approval and any collateral on a large trust.

ON APPROVAL

Execute & file

Once you bind, we issue the executed bond on the required form with the power of attorney attached, ready to file so the trustee can act with full authority.

About this bond

What it is and who needs it.

When a trustee must be bonded

A trustee holds and manages trust property for the beneficiaries. Delaware doesn’t bond every trustee — its trust law generally lets a settlor waive bond — but when the Court of Chancery finds one is needed to protect the beneficiaries, or the trust instrument requires it, the trustee must give bond.

The trustee bond secures the faithful performance of the trustee’s duties: investing prudently, accounting honestly, and distributing as the trust directs. If the trustee breaches those duties, the bond makes the beneficiaries whole and the surety looks to the trustee to repay it.

Because the surety stands behind the trust, the bond is underwritten on the trustee’s credit and finances, and a large trust can require collateral. The Court of Chancery sets the amount and the conditions, and can modify the requirement — we’ll size and underwrite to whatever the order or instrument specifies.

Delaware AuthorityA Delaware trustee’s bond is required only when the Court of Chancery finds it is needed to protect the interests of the beneficiaries or the trust instrument requires it; Delaware’s trust law (Title 12, Chapter 35) generally permits a settlor to waive bond. Where a bond is required, the court sets its amount and conditions. By specific example, 12 Del. C. § 3952 requires a court-appointed trustee directed to sell the real estate of a person with a disability to first give sufficient bond, with surety approved by the Court, for the preservation and protection of the proceeds for the purposes of the trust.

You need this bond if you’re

A trustee the Court of Chancery has ordered to give bond to protect the beneficiaries
A successor trustee stepping in where the trust instrument requires bonding
A court-appointed trustee directed to sell or manage trust real estate under 12 Del. C. § 3952
Counsel or a beneficiary arranging the bond so the trustee can administer the trust with full authority

The application takes about ten minutes.

These are the actual underwriting fields — the order or trust provision, the trust’s value, the trustee, and your finances. Submit once and a surety specialist returns a quote, typically within one business day. Free until your bond is issued.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

What is a Delaware trustee bond? +
It is the bond a trustee gives to secure the faithful performance of fiduciary duties. Under Delaware’s trust law in Title 12, it is required when the Court of Chancery finds a bond is needed to protect the beneficiaries or the trust instrument requires it — for instance, a court-appointed trustee selling real property must give bond with surety approved by the Court under 12 Del. C. § 3952.
How much does it cost? +
It is underwritten, not flat-rated. The court specifies the penal sum, sized to protect the beneficiaries. A surety specialist then reviews the trustee’s credit and finances and any collateral and returns a premium quote, usually within one business day.
Do all Delaware trustees need a bond? +
No. Delaware’s trust law generally lets a settlor waive bond, and a bond is required only when the Court of Chancery finds one is needed to protect the beneficiaries or the trust instrument requires it. Where it is required, the court sets the amount and conditions.
Will I need collateral? +
Sometimes, especially on a large trust. Because the surety guarantees the trustee’s performance, a high penal sum may require collateral and financials. We tell you what your specific file needs before you commit.
How fast can the bond be issued? +
A specialist typically returns a quote within one business day of a complete application. Once you bind and any collateral is in place, the executed bond issues on the required form, ready to file so the trustee can act with full authority.
Related bonds

Other New York bonds.

Get bonded and administer the trust.

Send us the order or trust provision and the trust’s value, and a surety specialist sizes, underwrites, and quotes the bond — typically within one business day. Free until your bond is issued.

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