Advance Payment Bond

by Joshua Malone

An advance payment bond provides an estate’s executor or administrator an early release of funds for a specific purpose. The bond guarantees the return of an advance payment if the court later finds the executor or administrator wrongly took the money. The court reviews the estate upon approval of the estate’s final accounting. Most executors […]

License and Permit Bonds – Process Server

by Joshua Malone

Governmental entities throughout the country require license and permit bonds for certain professions and commercial activities. Generally, these bonds ensure an applicant will perform the activity or work in accordance with the laws, rules, and regulations required by the governmental entity. Thus, underwriters who issue these bonds must become familiar with those laws, rules, and […]