Maryland Probate: Do I Need a Surety Bond?

If you are an individual serving as the Personal Representative of a Maryland estate, the short answer is: yes, you will need to secure a surety bond on behalf of the estate. The bond will be filed and/or presented to the appropriate county Office of the Register of Wills, Estate Administration or Probate Division. If the Personal Representative of a Maryland estate is a financial institution they may not be required to obtain a surety bond. Additionally, the amount of the bond will depend on the value of the estate and whether this is a Maryland regular estate or Maryland small estate. It is important to properly value the estate from the beginning so that the correct bond is obtained.

For a free, confidential conversation to discuss this and other estate administration matters, including probate administration legal services, contact Maryland probate administration lawyer Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.

Mr. Reichert can administer probate on behalf of the estate or for a modest fee he can be of assistance to the Personal Representative, as assistance is needed. For example, he can be available to give the correct legal answer and review or prepare probate filings before they are submitted to the county.

Day, evening and weekend appointments are available in office or at your residence. Mr. Reichert personally serves clients throughout the entire state of Maryland.

Attorney Reichert looks forward to assisting you with your Maryland probate needs.