When someone is appointed as a conservator—whether for a minor child, an incapacitated adult, or someone with special needs—the responsibility is immense. In Michigan, probate courts often require the conservator to secure a conservator bond (also known as a fiduciary bond) to protect the assets and well-being of the individual under their care.
A conservator bond provides financial protection in the event that the appointed conservator mismanages or misappropriates the ward's assets. It acts as a safeguard to ensure the conservator performs their duties honestly and competently. Whether required by the court or recommended by legal counsel, a conservator bond offers peace of mind for all parties involved.
At McNally Mason Agency, we specialize in fiduciary bonds—including conservator bonds—across the state of Michigan. We work exclusively with probate lawyers and fiduciaries, offering fast, expert bonding backed by legal insight and a deep understanding of probate court requirements.
You've Seen the Worst. Make Sure It Never Happens on Your Watch.
Many probate lawyers and family members are deeply familiar with the responsibilities and emotional risks of conservatorship cases. Some have seen firsthand the heartbreak that can result from financial abuse—a parent who drains a child’s settlement, a caregiver who exploits an elderly relative, or a guardian who simply isn't equipped for the task.
That’s why a conservator bond is more than just a legal requirement—it’s a proactive measure to protect the vulnerable and provide accountability for those in positions of power.
While many of our clients purchase conservator bonds through our agency because the court orders a bond, our more astute attorney clients often arrange for bonds even when a court does not order one. For example, if an attorney is handling a conservatorship for a layperson who is serving as a fiduciary for a ward or child, the attorney may advise or require the client to obtain a bond. This would provide protection for the attorney in the event the fiduciary mismanages the funds and the ward or child makes a claim against the attorney because the fiduciary has dissipated the funds and is no longer collectible, leaving the attorney subject to a claim.
Fast Approvals, Often Same Day
Because guardianship cases often move quickly, we streamline the bonding process. In many cases, we can issue your bond the same day we receive the required information.
Legal Expertise
Led by attorney Richard McNally, our agency understands the intricacies of Michigan probate court procedures. We speak your language—no need to explain what a Letters of Conservatorship are, or what the court expects.
Trusted, Court-Compliant Bonds
We work with CNA Surety and Western Surety—nationally recognized bonding companies that provide the strength and backing Michigan courts trust.
Local Insight, Statewide Service
Based in Flint and operating since 1948, our agency has helped generations of fiduciaries navigate the bonding process. We now serve probate courts across all of Michigan.
Compassionate, Confidential Service
We know how fraught conservatorship situations can be. Whether you're working on behalf of a child, a disabled adult, or an elderly individual, we treat every case with care, discretion, and professionalism.
A conservator bond is a type of fiduciary bond required by Michigan probate courts to ensure that a legal conservator fulfills their duties properly. If the conservator acts dishonestly or negligently, the bond protects the ward’s estate from financial loss.
Conservators appointed by the probate court to manage the personal and/or financial affairs of a minor or incapacitated adult may be required to post a bond, especially when the estate includes significant assets.
The cost (premium) is a small percentage of the total bond amount set by the court. Factors include the conservator's credit, the value of the estate, and the nature of their duties. See our Obtaining a Bond page or contact us for a quick quote.
Yes, in many cases we can issue conservator bonds the same day, especially if all required documentation is available.
Because we specialize exclusively in fiduciary bonds, we understand what lawyers and courts need. You won’t waste time explaining the probate process or following up on unfamiliar requirements. We make it easy—and fast.