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

When the trust instrument or a court requires it, a trustee must give a bond. It guarantees 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 of a noncorporate trustee unless the trust provides otherwise under Property Code § 113.058
Amount is set by the court to protect the trust estate and the beneficiaries
Underwritten on the trustee’s file; collateral may apply to a large trust
Underwrittencourt sets the amountA-ratedA.M. Best carriers1 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 a trust instrument requires bond, or a court orders one for cause, 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 trust provision or court order 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 deposit with the clerk 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. Texas doesn’t bond every trustee — a corporate trustee is exempt, and many trust instruments waive bond — but unless the instrument provides otherwise, a noncorporate trustee must give bond, and a court can require one for cause even where the instrument waives it.

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 fixes the amount and can increase, decrease, or add sureties on the application of an interested person.

Texas StatuteProperty Code § 113.058 (the Texas Trust Code) provides that a corporate trustee is not required to give a bond, but unless the trust instrument provides otherwise a noncorporate trustee must give bond — payable to the trust estate, the registry of the court, or each interested person, and conditioned on faithful performance of the trustee’s duties — in an amount and with sureties required by order of a court. An interested person may bring an action to require, increase, or decrease the bond, and for cause a court may require a bond even if the instrument provides otherwise.

You need this bond if you’re

A noncorporate trustee serving under a trust that does not waive bond
A successor or substitute trustee stepping in where the trust instrument requires bonding
A trustee a court has ordered to give bond for cause to protect the beneficiaries
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 trust provision or court order, 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 →
FAQ

Common questions.

What is a Texas trustee bond?It is the bond a trustee gives to secure the faithful performance of fiduciary duties. Under Property Code § 113.058, a corporate trustee is exempt, but unless the trust instrument provides otherwise a noncorporate trustee must give bond — and a court may require one for cause even where the instrument waives it.
How much does it cost?It is underwritten, not flat-rated. The court fixes the penal sum, sized to protect the trust estate and 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 Texas trustees need a bond?No. Section 113.058 exempts corporate trustees, and a trust instrument can waive bond for an individual trustee. Where bond is required — because the instrument calls for it or a court orders one for cause — the court sets the amount and may later increase, decrease, or add sureties.
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 deposit with the clerk so the trustee can act with full authority.
Related bonds

Other Texas bonds.

Get bonded and administer the trust.

Send us the trust provision or order 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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