Trust & VA Bonds

The Right Bond, The Right Protection

Trust Bonds

When a trustee is appointed to manage assets on behalf of a beneficiary, the court or the trust instrument may require a trust bond—also known as a fiduciary bond—to ensure the trustee fulfills their duties lawfully and responsibly. These bonds provide financial protection if the trustee mismanages or misappropriates trust assets.

In Michigan, trust bonds are often required when the trust holds substantial value or when the trustee is not a close relative or corporate entity. Even if not required by the court, many attorneys recommend securing a bond as an added layer of protection for beneficiaries.

At McNally Mason Agency, we specialize in court-compliant fiduciary bonds tailored to the needs of probate attorneys, fiduciaries, and their clients. Our agency is led by a licensed Michigan attorney who understands the legal nuances and the emotional weight of protecting vulnerable assets.

While many of our clients purchase bonds through our agency because the the trust or 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 drafting or handling a trust for a layperson who is serving as a trustee for a trust beneficiary, the attorney may advise or require the client to obtain a bond. This would provide protection for the attorney in the event the trustee mismanages the funds and the beneficiary makes a claim against the attorney because the trustee has dissipated the funds and is no longer collectible, leaving the attorney subject to a claim.

VA Bonds

Similar to trust bonds, when a fiduciary manages funds for a U.S. military veteran receiving veteran's benefits, the Veteran's Administration may require the fiduciary to obtain a VA bond. If needed, the McNally Mason Agency can arrange for a VA bond.

Why Choose McNally Mason Agency for Your Trust or VA Bond?

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.

Led by a Probate Attorney
Attorney Richard McNally brings decades of legal experience to the bonding process. You get knowledgeable, attorney-reviewed service from start to finish.

VA and Court-Compliant Bonds
We work exclusively with CNA Surety and Western Surety to ensure every bond meets Michigan probate court requirements and standards.

Protection Against Fraud and Mismanagement
Trust bonds safeguard trust beneficiaries from poor decision-making or outright fraud by the trustee. If the trustee fails, the bond is there to make things right.

Easier Approvals When a Lawyer Is Involved
Because we are attorney-led and work closely with CNA Surety, bonds involving legal representation often receive expedited approval.

Bonds Available Even Without a Court Order
If you're advising a client and want added protection—even when the court doesn’t mandate it—we can issue a voluntary bond to safeguard trust assets.

Start Your Probate Bond Application Now

Trust administration demands accountability. Don’t delay—secure your bond and protect your client’s legacy.

Trust Bond FAQs

Protecting Clients. Safeguarding Fiduciaries.

At McNally Mason Agency, we know that bonding isn’t just a formality—it’s about protecting your client’s future. Whether the bond is court-ordered or attorney-recommended, we provide fast, expert bonding solutions with compassion, confidentiality, and legal insight.

Trust is the foundation of any fiduciary relationship. Let us help you back that trust with a bond that protects everyone involved.