An insurance bond that assures the faithful performance of a fiduciary. Since a fiduciary is a position of trust, a bond is executed to protect the person for whom the fiduciary acts against fraud and embezzlement. A fiduciary may be an administrator of an estate, guardian of a minor or a trustee of a trust.
Related information about fiduciary bond:
- What is a Fiduciary Bond?
A fiduciary bond is a judicial bond that guarantees that a court-appointed fiduciary, or executor, performs all duties. Bonds like...
- What Is a Fiduciary Bond? | eHow.com
What Is a Fiduciary Bond?. A fiduciary is a person who has an obligation to manage assets for the benefit of another. There are many forms of fiduciary duty, ...
- Fiduciary Bond Law & Legal Definition
A fiduciary bond provides insurance protection against the possibility of fraud or embezzlement by a fiduciary. A fiduciary is someone who owes a duty of loyalty ...
- Fiduciary Bonds | JW Surety Bonds
A fiduciary bond is the same as a probate bond, executor bond, or an estate bond . It is a court ordered bond that promises the executor of the estate will correctly ...
- Fiduciary Bond | Fiduciary Bonds | All Surety Bonds
A fiduciary bond is a judicial bond that guarantees the performance of all duties by the fiduciary. This type of bond is required by the court in order to protect the ...
- Fiduciary bond | Define Fiduciary bond at Dictionary.com
a bond filed by a fiduciary administering an estate as surety. Relevant Questions. What Is an ERISA Bond? What Is the Fiduciary Du... What's a Fiduciary Incom.
- Fiduciary Bond - Financial Dictionary - The Free Dictionary
A bond that the executor of an estate posts to ensure he/she performs his/her duties properly. Among these duties is preparing an inventory and disposing it ...
- The Fiduciary Bond - Guardian Assistance Network
A fiduciary bond is court-ordered protection, a form of insurance. It is not protection for the guardian but it is protection for the person who needs a guardian.