Serve as a trustee where the court or the trust requires you to be bonded.
The bond guarantees faithful performance of your fiduciary duties to the beneficiaries.
The court sets the amount — and we underwrite it.
A surety specialist reviews your file and returns a quote, usually within one business day.
















When a South Dakota trust is administered through the circuit court, the court fixes the trustee’s bond and can require one despite the trust’s terms. Here is the whole process:
Apply online with the value of the trust estate, the court order or trust provision requiring a bond, and the court. We size the bond to the amount the court has set or is likely to set.
A specialist reviews the file, your financials, and any collateral, then returns a quote. A large trustee bond is typically collateralized — cash, a letter of credit, or pledged assets.
Once you bind, we issue the executed bond on the court’s form with the power of attorney attached, ready to file so you can serve as trustee.
A trustee bond guarantees that a trustee will administer the trust honestly and in the beneficiaries’ interest. When the trust instrument calls for a bond, or a South Dakota court orders one, the trustee must be bonded before — or shortly after — taking office.
If the trustee breaches the trust — self-dealing, mismanaging assets, or failing to account — the surety answers for the loss to the beneficiaries up to the penal sum the court sets. That is why the amount tracks the trust estate rather than a flat figure.
Because the surety stands behind the trustee’s handling of the assets, a large bond is usually collateralized and supported by financials. We tell you what a given trust needs before you commit.
These are the actual underwriting fields — the trust estate, your role, your business, and your financials. Submit once and a surety specialist reviews everything together and returns a quote, typically within one business day. Free until your bond is issued.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Send us the trust estate value and a surety specialist sizes, underwrites, and quotes the bond — typically within one business day. Free until your bond is issued.