Vermont probate & fiduciary bonds.
We size, underwrite & quote it.

Before the Probate Division issues letters, most fiduciaries have to give a bond.
It guarantees you’ll administer the estate faithfully, according to law.
The court sets the amount to the size of the estate — and we underwrite it.
A surety specialist reviews your file and returns a quote, usually within one business day.

Required of executors, administrators, and guardians under 14 V.S.A. § 2101 unless waived or reduced
Amount is set by the Probate Division for such sum and surety as the court directs
Underwritten on personal credit and financials; collateral may apply to a large estate
Underwrittencourt sets the amountA-ratedA.M. Best carriers1 business daytypical specialist reply
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BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Built for the grant of letters.

In Vermont the Probate Division won’t issue letters until the bond is filed and approved, so the bond is usually the last step before you can act. Here is the whole process:

TODAY · 10 MINUTES

Send us the file

Apply online with the petition or order setting the bond, the estate’s value, and the fiduciary’s details. The value of the estate drives the penal sum the court directs.

WITHIN 1 BUSINESS DAY

A surety specialist underwrites it

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

ON APPROVAL

Execute & file

Once you bind, we issue the executed bond on the court’s required form, conditioned on faithful performance of duties, ready for the Probate Division to approve so letters can issue.

About this bond

What it is and who needs it.

What a fiduciary bond protects

When the Vermont Probate Division of the Superior Court appoints you to handle someone else’s money — as the executor or administrator of an estate, or a guardian for a minor or an adult under guardianship — it usually requires a bond before issuing letters.

The fiduciary bond guarantees that you perform all your duties according to law: that you inventory the assets, account honestly, obey the court’s orders, and don’t misuse the estate. If you breach those duties, the bond makes the estate or beneficiaries whole — and the surety looks to you to repay it.

Because the surety stands behind the estate, the bond is underwritten on your personal credit and finances, and a large estate can require collateral. We tell you what your file needs before you commit.

Vermont Statute14 V.S.A. § 2101 (Chapter 101 — Probate Bonds; Executors, Administrators, Trustees, Guardians) provides that bonds required to be taken by order of the Probate Division of the Superior Court shall be for such sum and with such surety or sureties as the court directs, except where the law otherwise prescribes; the bonds are for the security and benefit of all persons interested and are taken to the Probate Division. A fiduciary’s bond is conditioned on faithful administration of the estate according to law; in small-estate matters the court may dispense with surety unless it orders otherwise.

You need this bond if you’re

An executor or administrator appointed to administer a Vermont estate
A guardian of the person or estate of a minor under Title 14
A guardian of a person under guardianship appointed by the Probate Division
Counsel or a family member arranging the bond so the Probate Division can issue letters and you can begin administering

The application takes about ten minutes.

These are the actual underwriting fields — the estate, the bond amount the court set, the fiduciary, 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 Vermont probate or fiduciary bond? +
It is the bond the Probate Division of the Superior Court requires before issuing letters to a fiduciary — an executor, administrator, or guardian. Under 14 V.S.A. § 2101 it is for such sum and surety as the court directs, conditioned on faithful administration of the estate according to law, protecting the estate or ward from mismanagement or fraud.
How much does it cost? +
It is underwritten, not flat-rated. The Probate Division sets the penal sum to the size of the estate under 14 V.S.A. § 2101 — for such sum and surety as the court directs. A surety specialist then reviews the fiduciary’s personal credit and finances and returns a premium quote, usually within one business day.
Who decides the bond amount? +
The Probate Division of the Superior Court does. Under 14 V.S.A. § 2101 the bond is for such sum and with such surety as the court directs, sized to the value of the estate the fiduciary will handle. We size and underwrite the bond to whatever amount the court sets.
Can the bond be waived? +
Sometimes. A will can direct that an executor serve without surety, and the court may reduce or dispense with the requirement where appropriate. In a small-estate matter no surety is required unless the judge orders it. Where it isn’t waived, the fiduciary must file a bond before letters issue.
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 court’s form, conditioned on faithful performance, ready for the Probate Division to approve so letters can issue.
Related bonds

Other New York bonds.

Get bonded so the Probate Division can issue letters.

Send us the estate details and the amount the court set, 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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