Custodian Bonds
Blaikie Group is a trusted leader in providing Custodian Bonds for individuals appointed to manage the finances or assets of minors or incapacitated adults. As one of the nation’s largest surety bond producers, we offer free quotes, low rates, and fast service across all 50 states. If you’ve been named as a custodian by a court and are required to post a Custodian Bond, our experienced team will guide you through the process quickly and affordably.
What Is a Custodian Bond?
A Custodian Bond is a type of fiduciary surety bond required by a probate or family court when someone is appointed to oversee and protect the financial interests of another individual who is unable to manage their own assets. This often includes minors or adults with physical or mental limitations. The Custodian Bond guarantees that the appointed custodian will act ethically, manage funds responsibly, and follow all court instructions.
If the custodian misuses funds, fails to act in the best interest of the person under care, or violates court orders, a claim can be filed against the Custodian Bond. The surety company may compensate the estate or beneficiary, holding the custodian financially accountable for any losses or damages.
When Are Custodian Bonds Required?
Custodian Bonds are typically required when an individual is appointed by the court to manage property, income, or financial accounts on behalf of a minor or an incapacitated adult. Common scenarios include:
- Managing inheritance or trust funds left to a minor
- Overseeing Social Security benefits or government assistance
- Handling real estate, investment accounts, or insurance settlements
- Taking custody of assets through the Uniform Transfers to Minors Act (UTMA)
- Being named in a conservatorship or guardianship proceeding
Court-appointed custodians are entrusted with serious legal and financial responsibilities. A Custodian Bond provides a safeguard for the beneficiary and ensures that the custodian complies with all legal obligations.
What Does a Custodian Bond Cover?
A Custodian Bond protects the person for whom the funds are being managed. The bond ensures the custodian:
- Faithfully follows court instructions
- Manages money and property responsibly
- Files timely reports with the court when required
- Acts in the best interests of the beneficiary at all times
If the custodian fails to meet these duties, a claim can be made against the bond, and the surety company may reimburse any losses. The custodian is then personally responsible for repaying the surety.
Who Needs a Custodian Bond?
Custodian Bonds are usually required for:
- Parents or relatives managing inheritance left to a minor
- Court-appointed guardians or conservators
- Trustees named to manage minor or incapacitated beneficiaries’ property
- Custodians under the UTMA or UGMA (Uniform Gifts to Minors Act)
Even when the custodian is a family member, courts often require a Custodian Bond to protect the financial interests of the vulnerable individual.
How Much Does a Custodian Bond Cost?
The cost of a Custodian Bond is based on the bond amount ordered by the court and the financial and credit profile of the applicant. The bond amount typically reflects the total value of the estate or assets being managed. Premiums usually range from 0.5% to 1% of the total bond amount per year.
For example, if the court requires a $100,000 Custodian Bond, the premium may cost between $500 and $1,000 annually. In many cases, the court may allow the bond premium to be paid using the minor’s or protected person’s funds.
Blaikie Group partners with top-rated surety carriers to ensure fast approvals and the lowest available rates — even for first-time applicants or individuals with limited credit history.
Why Choose Blaikie Group for Your Custodian Bond?
- Free Quotes – Receive a no-obligation quote tailored to your court order.
- Lowest Rates – Our high volume and extensive market access allow us to secure the most competitive premiums on Custodian Bonds.
- Fast Approvals – Most Custodian Bonds are approved within 24 hours.
- Nationwide Service – We issue Custodian Bonds in every U.S. state and understand each court’s specific requirements.
- Trusted Guidance – Our experienced bond agents will guide you through the process from start to finish.
How to Apply for a Custodian Bond
Blaikie Group makes applying for a Custodian Bond simple and efficient:
- Submit a short online application or speak directly with one of our bond agents.
- Provide a copy of the court order indicating the required bond amount.
- Receive your free quote—often on the same day.
- Pay the premium and receive your bond via email or express mail.
- File the bond with the appropriate court to activate your role as custodian.
Get the Custodian Bond You Need — Fast
With decades of experience and a strong reputation for reliability and speed, Blaikie Group is the go-to source for Custodian Bonds nationwide. We’re trusted by law firms, court systems, and families across the country for our ability to deliver bonds quickly, accurately, and affordably.
If you’re taking on the responsibility of managing another person’s assets, trust Blaikie Group to help you fulfill your fiduciary obligation with confidence and security.
Contact us today for your free quote and get your Custodian Bond issued fast with Blaikie Group — one of the nation’s leading surety bond providers.