To close or cancel a bond, we must receive appropriate documentation confirming that the fiduciary’s responsibilities have concluded.
Please review the requirements outlined below based on bond type and amount:
Probate Bond Amount: Up to $250,000
Submit ONE of the following:
- Final Court Discharge for the Estate
- Letter on firm letterhead stating:
- All debts have been paid, and all balances have been distributed to the remaining heirs
Probate Bond Amount: $250,000 and Over
Submit ONE of the following:
- Final Court Discharge for the Estate
- Final Accounting approved by the court
- Verification of case closure from the court’s online system
Guardianship Bond Amount: Up to $1,000,000
Submit ONE of the following:
- Final Court Discharge for the Guardianship
- Evidence of death of the ward
- Final Accounting approved by the court
- Verification of case closure from the court’s online system
Guardianship Bond Amount: $1,000,000 and Over
Submit ONE of the following:
- Final Court Discharge for the Guardianship
- Final Accounting approved by the court
- Verification of case closure from the court’s online system
VA Bonds: Any Amount
Submit:
- Final Exoneration Letter from the Department of Veterans Affairs
Trustee Bonds: Any Amount
Submit ONE of the following:
- Final Court Discharge for the Trust
- Final Accounting
- Evidence of death of the beneficiary
- Evidence that trust assets have been fully distributed to beneficiaries
Submission Instructions:
Documentation may be submitted via:
- Client Portal upload
- Email to our office
Once received and reviewed, we will confirm cancellation status and any prorated premium due, if applicable.
To review our grace period policy for cancellation and refunds, please review the policy at www.probatebondpros.com/grace_period_policy.
