Obtain A Bond

Get Court-Compliant Fiduciary Bonds—Fast, Easy, and Handled by Experts

Whether you’re an attorney helping a client or a fiduciary appointed by the probate court, obtaining a bond shouldn’t be complicated. At McNally Mason Agency, we make the process fast, reliable, and stress-free.

As Michigan’s trusted bonding partner since 1948, we specialize exclusively in fiduciary bonds for probate lawyers, conservators, guardians, trustees, Veteran's Administration fiduciaries, and personal representatives. We understand the urgency and the legal requirements, so you can get bonded quickly and get back to what matters.

To Obtain a Bond:

Complete the Application & Consent Forms

Download and complete the 'Form 10' Application & Credit Report Consent

The application form consists of two pages, it can be completed on a computer. The first page requires the information regarding the person to be bonded, also known as the Applicant or Principal. It needs all information above the financial statement, but not the financial statement itself. The applicant must sign and date on the front on the lower right side. On the second page, fill out Section 3 completely regarding the protected person, the attorney, the assets, the court, etc.

Submit Application & Consent Forms

Email your completed and signed forms to bonds@mcnallymasonagency.com.

Approval & Issuance

Upon approval, the bond is issued and emailed or mailed to the fiduciary with a billing for the first year's premium. That premium must be paid promptly, or the account will be sent to the Collections Department. Normally, the fiduciary cannot access the funds of the protected person until the bond is issued and filed with the Court, and the fiduciary receives Letters of Authority, so the fiduciary normally pays the premium and is reimbursed once the Letters are issued and the fiduciary has access to the funds.

Bond Premiums & Cost Information

The cost of a fiduciary bond (also called the annual premium) is determined by the amount of the bond. Some examples:

Amount of Bond Annual Premium

$25,000 $170

$50,000 $320

$100,000 $620

$200,000 $1,220

$500,000 $2,420

The cost of the premium is an allowable expense of the protected person's estate. The first year's premium is non-refundable, but most protected persons' estates continue for more than one year. The annual premium is billed about 60 days before the anniversary of the bond and can be paid from the estate's assets. That billing must be paid promptly or the account will be sent to the Collections Department. Once the protected person's estate is closed by the Court and the Court orders the bond canceled, the fiduciary may submit the Order and receive a pro rata refund of the annual premium. Even if it is expected that the estate will be closed near the anniversary date, the premium must be paid, and the Order closing the estate submitted for a pro rata refund.

Why McNally Mason Agency?

• Specialized in Michigan Fiduciary Bonds — We don’t do auto or business insurance. We only do fiduciary bonds.

• Led by a Licensed Probate Attorney — We understand court deadlines, compliance standards, and how to avoid delays.

• Trusted Surety Partners — We work with CNA Surety and Western Surety, respected nationwide providers.

• Clear, Compassionate Service — No jargon. No judgment. Just expert help.

Start Your Bond Application Now

Obtain court-compliant bonding from experts who understand your needs.

Download an Application

Still have questions? Contact us or check out our FAQs.