New Jersey, NJ Probate Bonds
New Jersey Probate Bonds or administrator bonds guarantee the performance of an executor of an estate. Probate bonds are also known as administrator or executor bonds. The probate court makes sure that the assets of estates are handled properly.
An executor purchases the bond. An executor is the person who is in charge of a deceased person’s estate. The probate court will appoint an executor if there are no directions in the will for an executor, or if a person dies without a will.
A New Jersey Probate Bonds is need as long as the assets of the estate remain open. The premium for the probate bond must be paid annually until the court releases the bond.
Call to learn about New Jersey Probate Bonds
We can provide performance and executor bonds for New Jersey estates through two top surety companies. Give us a call at: 973-377-6100