The insurance professionals at Patrick J. Thomas Agency are committed to your success. Reaching beyond just insurance quotes, we have provided an insurance resource library including Glossary of Terms, Useful Links and Financial Calculators for your convenience.
Navigating the world of estate planning can be complex, but understanding the concept of a living trust is essential for anyone looking to manage their assets effectively. Creating a living…
Business and technology have always gone hand in hand, but there’s never been a time in history where they’ve been more inseparable. Nearly every facet of modern businesses is interwoven…
If you’re in the process of being appointed as a representative payee, you’ve likely discovered that you will need to acquire a representative payee bond before you can “officially” take…
The Social Security Administration (SSA) administers a range of benefits, funds, and services to eligible individuals, including those who require a representative payee for assistance in managing their funds. When…
The Department of Veterans Affairs (VA) provides various benefits and services to eligible veterans and their dependents. These benefits are distributed to beneficiaries for several reasons, primarily to support and…
Becoming a representative payee allows you to help a person who receives benefits from the Social Security Administration (SSA) or Veteran’s Administration (VA) manage their money and help them live…
There are many different types of commercial insurance. Businesses can have a variety of plans that protect them against a variety of lawsuits, but there are times where those plans…
Surety bond is a catch-all term for a three-party agreement in which one party (the Surety) guarantees or promises a secondary party (the Obligee) that a third party (the Principal)…
Trusts and conservatorships are both versatile tools in estate planning. Both have their uses, depending on your circumstances, and both can be used in conjunction with one another, or as…
Conservators are court-appointed fiduciaries who are charged with managing a protected person’s assets. They can manage a person’s money, investments, and day-to-day spending, and often sign contracts. This is a…
Need help understanding new bond jargon? Not sure what an insurance term means? Check our glossary for an A to Z directory of legal terms related to insurance and bonds.
MyMNConservator (MMC) is an online conservator account reporting application that allows conservators to file their inventory and annual accountings electronically.