Resources

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.

Avoiding Common Pitfalls of Surety Bonds: Best Practices for Estate Bond Compliance

 Avoiding Common Pitfalls of Surety Bonds: Best Practices for Estate Bond Compliance 1024 683 Patrick J. Thomas Agency

Estate bonds, also known as fiduciary bonds or probate bonds, are often necessary when it comes to managing an estate while serving as an executor or administrator. However, if you’re…

New MyMNConservator (MMC) Updates: What You Need to Know

 New MyMNConservator (MMC) Updates: What You Need to Know 1024 684 Patrick J. Thomas Agency

The Minnesota Judicial Branch has recently made several updates to its MyMNConservator (MMC) online application, a tool used by conservators to file inventory and annual accountings electronically. Originally launched in…

Understanding the Legal Language of Surety Bonds

 Understanding the Legal Language of Surety Bonds 800 533 Patrick J. Thomas Agency

Surety bonds can be a complex as they are filled with industry-specific legal terms that may confuse anyone unfamiliar with the field. However, anyone involved in a surety bond agreement—whether…

Updates on Minnesota Guardianships: Personal Well-Being Reports

 Updates on Minnesota Guardianships: Personal Well-Being Reports 640 418 Patrick J. Thomas Agency

As of April 15, 2024, a significant update to the Minnesota guardianship statutes has been enacted, affecting all guardians in the state of Minnesota. This new regulation mandates that guardians…

The Financial Role of a Representative Payee for Veterans’ Funds

 The Financial Role of a Representative Payee for Veterans’ Funds 800 533 Patrick J. Thomas Agency

Serving as a representative payee for a veteran in Minnesota is a significant responsibility, as they play an essential role in managing and distributing funds when a beneficiary is unable…

Managing and Transferring Guardianship Across State Lines

 Managing and Transferring Guardianship Across State Lines 640 427 Patrick J. Thomas Agency

When you’re appointed as a guardian, your responsibility is to care for another person. This role includes making decisions on their behalf and managing their affairs effectively. But what happens…

Understanding the Financial Management Role of SSA Representative Payees

 Understanding the Financial Management Role of SSA Representative Payees 640 427 Patrick J. Thomas Agency

When you become a representative payee, you take on a critical financial responsibility in someone’s life. Accepting the position means you’re in charge of managing the Social Security or Supplemental…

How to Conduct an Annual Commercial Insurance Review

 How to Conduct an Annual Commercial Insurance Review 640 427 Patrick J. Thomas Agency

For any business, managing risks effectively is crucial to ensure stability and growth. An essential component of this risk management is commercial insurance. It’s an expenditure you must make to…

Everything You Need to Know About Creating a Living Trust

 Everything You Need to Know About Creating a Living Trust 1024 682 Patrick J. Thomas Agency

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…

The Basics of Business Tech Insurance: Do You Need it?

 The Basics of Business Tech Insurance: Do You Need it? 1024 682 Patrick J. Thomas Agency

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…

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Additional Tools & Resources

Glossary of Terms

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.

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MyMNConservator (MMC)

MyMNConservator (MMC) is an online conservator account reporting application that allows conservators to file their inventory and annual accountings electronically.

Learn MoreVisit MMC