Probate bonds are often required by Michigan courts to ensure fiduciaries fulfill their duties when administering an estate. These bonds protect beneficiaries and creditors from fraud, negligence, or mismanagement by the personal representative (also known as an executor). If a fiduciary fails in their legal responsibilities, the bond provides a financial guarantee that the estate’s assets will be protected.
In Michigan, probate bonds are typically required when a personal representative is appointed by the probate court to oversee an estate. Whether you're a probate attorney or a court-appointed fiduciary, securing a court-compliant bond quickly is essential to avoid delays in estate administration.
When a probate fiduciary sells a parcel of real estate as part of the administration of the estate, the court may require the fiduciary to obtain a bond to protect the proceeds of the sale.
At McNally Mason Agency, we specialize exclusively in fiduciary bonds. Our deep knowledge of Michigan probate court procedures, combined with attorney-to-attorney service, ensures your bonding experience is smooth, fast, and legally sound.
Fast Approvals, Often the Same Day
We know time is of the essence. That’s why many probate bonds are approved and issued within 24 hours.
Bond Issued by Legal Professionals
Unlike general insurance agents, we understand fiduciary roles, legal filings, and probate court expectations. Our agency is led by a licensed Michigan attorney with probate experience.
Guaranteed Court Compliance
We work with CNA Surety and Western Surety to ensure every bond we issue meets Michigan probate court standards.
No Distractions, No Upsells
We don’t sell homeowners or auto insurance. We only do fiduciary bonds. That means you get expert guidance, not a sales pitch.
Attorney-to-Attorney Service
We speak your language. You won’t waste time explaining the difference between supervised and unsupervised administration—we already know it.
Statewide Service
Based in Flint, we proudly serve attorneys, fiduciaries, and courts throughout the entire state of Michigan.
A probate bond (or estate bond) is a type of fiduciary bond required by the court when a personal representative is appointed to manage an estate. It protects the estate’s beneficiaries and creditors from potential mismanagement.
Typically, probate fiduciaries may be required to post a bond. However, the court can require a bond in other cases as well.
The annual premium depends on the bond amount ordered by the court. For example, a $100,000 bond may cost approximately $620 per year. Premiums are a permitted expense of the estate. See our Obtaining a Bond page or contact us for a quick quote.
You’ll need basic information about the estate, the fiduciary, and the bond amount ordered by the court. If you have a copy of the Letters of Authority or court order, that helps speed things up.
Most insurance agents don’t understand probate law. We do. Led by a licensed attorney with experience in probate court, we offer faster, more reliable service tailored specifically to your needs.
Your Probate Bond Partner Since 1948
At McNally Mason Agency, we help probate attorneys and fiduciaries protect what matters most. Our legacy of service, legal knowledge, and bonding expertise makes us Michigan’s go-to resource for court-compliant fiduciary bonds.
Let us handle the bond, so you can focus on the law.