Nevada trustee bonds.
Faithful performance, guaranteed.

When a court or a trust requires a Nevada trustee to bond, the court can set the security before you act. It’s sized as a personal representative’s bond would be — to the trust’s assets and income. The bond protects the beneficiaries who depend on you to administer the trust honestly. We size it to the court’s order, underwrite it, and a specialist returns a quote.

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For a trustee the court requires to bond before acting under
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Sized as required of a personal representative — to the trust’s assets and income
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Underwritten on your credit and the trust — larger trusts may need financials
Underwrittencourt sizes the bondA-ratedA.M. Best carriers1 daytypical specialist reply
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Nevada trustee bond cost?

It is underwritten: the premium is quoted from the bond amount and your financial picture, so there is no flat price to show.

How it works

From appointment to acting as trustee.

Where a bond is required, it must be in place before you act as trustee. Here’s the path:

TODAY · ONLINE

Tell us the trust

Send the bond amount the court set (or the value of trust assets and income) and your details.

WITHIN 1 BUSINESS DAY

A surety specialist underwrites it

We review the amount and your credit. Most trustee bonds quote quickly; larger trusts may call for financials. You get a real quote.

ON APPROVAL

Execute & file

We issue the trustee bond on the court’s required terms with the carrier’s power of attorney, so you can act.

In plain English

How a trustee bond works, and what to have ready.

  1. Why it is required

    A court, or the trust itself, requires the trustee to post a bond before managing the trust's money or property.

  2. Who it protects

    The trust's beneficiaries. If the trustee mishandles the trust, they can recover the loss from the bond, up to the bond amount.

  3. If there is a claim

    The surety pays a valid claim and the trustee repays the surety.

Have these ready

  • The court order or trust document that requires the bond, with the amount
  • The court and case number, if a court is involved
  • A summary of the trust's assets
  • Your attorney's name and contact details
About this bond

What it is and who needs it.

What a trustee bond guarantees

A trustee holds and manages assets for someone else’s benefit. When a court or the trust instrument requires a bond, it’s the beneficiaries’ assurance that you’ll administer the trust faithfully and according to its terms.

If a trustee breaches that duty — self-deals, mismanages investments, or fails to account — the beneficiaries can recover against the bond for the resulting loss. It protects them, not the trustee.

Because the amount is tied to the trust and underwritten on your background, the bond is quote-on-review, not flat-rated. Most clear quickly on credit; larger trusts may add a financial review. We tell you what’s needed before you commit.

Nevada authorityUnder NRS 153.120, the court may require a person appointed as trustee, before acting as a trustee, to give a bond as is required of a personal representative — which, under NRS 142.020, is generally the value of the personal property plus one year’s income, unless otherwise fixed.

You need this bond if you’re

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A trustee the court has required to bond before acting under the trust
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A successor trustee stepping in where the trust or a beneficiary demands security
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A testamentary trustee administering a trust created by a will
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A professional or corporate fiduciary a Nevada court directs to post a bond
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

Term and renewal are set in the underwriter's quote.

Keep the bond in force for as long as the obligation behind it runs.

How to file it

Execute & file. We issue the trustee bond on the court’s required terms with the carrier’s power of attorney, so you can act.

What sets the price

This bond is underwritten: the premium is quoted from the bond amount and your financial picture, so there is no flat price to show.

Start with the bond amount.

These are the actual underwriting fields. Tell us the amount the court set — or the trust’s value — and a surety specialist returns a quote, typically within one business day.

Start the application →
FAQ

Common questions.

How much does a Nevada trustee bond cost?It’s underwritten, not flat-rated. The court sizes the bond under NRS 153.120 as it would a personal representative’s bond, and the surety prices a premium on that amount and your credit. Larger trusts may require financials. Send us the details and a specialist returns a quote, usually within one business day.
Is a trustee bond always required in Nevada?No. Many trusts waive bond, and courts often don’t require one. But under NRS 153.120 the court may require a trustee to give a bond before acting — as required of a personal representative. If yours requires it, we’ll size and quote it.
How is the amount set?By reference to the personal-representative standard in NRS 142.020 — generally the value of the trust’s personal property plus one year’s income, unless the court fixes a different figure. We bond to whatever the court orders.
Does my credit matter?Yes. Like other fiduciary bonds, a trustee bond is underwritten partly on your credit and background, because the surety is backing your honest administration. Most applicants qualify; larger trusts add a financial review.
How fast can I get it?Once we have the court’s amount and your details, a specialist underwrites and quotes within one business day in most cases, with issuance promptly on approval so you can act as trustee.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Nevada bonds.

Nearby states

The same bond in nearby states.

Requirements checked on the carrier’s application, . Page updated .

Get the trustee bond the court requires.

Send us the bond amount or the trust’s value; a specialist underwrites and quotes — typically within one business day. Larger trusts may need financials.

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