Do I Need a Bond for the Personal Representative of my Maryland Estate?

Whether or not you need a bond for your personal representative depends on your specific circumstances. Generally, a personal representative bond is a surety bond to protect the beneficiaries of the estate against fiduciary misconduct. If the bond is in the form of an insurance, then there also needs to be a power of attorney attached.

Deciding whether to bond your personal representative can be a difficult decision. The best way to make the decision is to contact an experienced attorney and discuss your goals and concerns.

For a free, confidential conversation to discuss estate planning, including creating a living trust, contact Maryland estate attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.

Day, evening and weekend appointments are available in office, at your residence or remotely at your convenience. Mr. Reichert personally serves estate planning clients throughout the entire state of Maryland. Stephen looks forward to assisting you with your Maryland estate planning needs.


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