Patrick J. Thomas Agency

Surety Bonds and Commercial Insurance
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The Challenges of Being a Social Security Representative Payee

Being a representative payee is a great way to provide for a close loved one, and while getting the position is not a highly complicated process, there are several challenges associated with being a representative payee that people should be prepared for. What is a Social Security Representative Payee? A…

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What Are Loss Securities Bonds and How Do They Help?

Loss securities bonds (also known as lost instrument bonds) are a special type of surety bond that are designed to provide protection for publicly traded companies who sell stock investments in their business. If you are purchasing stock in a company and need to obtain a loss securities bond, there…

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Ignition Interlock Bonds Help Minnesotans with DWIs Get Back on the Road

Not to be confused with bail bonds for those who have been arrested for committing a DWI, DWI ignition interlock bonds are a type of surety bond that are generally required by prosecutors for people who have been convicted of a committing a DWI and have entered the state’s Ignition…

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The Requirements for Getting Medical Assistance in Minnesota

Minnesota offers a variety of medical assistance (MA) and health insurance programs for those who qualify. While the process for applying is rather straightforward, only those who meet certain conditions will qualify for receiving these types of benefits. There are four major types of medical assistance and insurance plans offered…

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How Long Does it Take to Get a Surety Bond? And How to Speed Up The Process.

How long does it take to obtain a surety bond? Is there any way to speed up the process? These are two of the most common questions asked by those looking to obtain a bond for their case. Whether you need a surety bond for an appeal or injunction, a…

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Is it Possible to Transfer a Guardianship or Conservatorship to Another State?

If you are moving to Minnesota and are acting as a fiduciary as part of a conservatorship or guardianship, it is possible to transfer your status as a conservator or guardian from your current state to one in Minnesota. The process isn’t overly complicated, but it involves navigating the legal…

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Tips for Avoiding Surety Bond Fraud

When obtaining and working with surety bonds, one thing every person should look out for is fraud. Being the victim of surety bond fraud not only means you lose out on the funds you use to acquire the bond, it can also lead to catastrophic consequences if your bond is…

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Everything You Need to Know About Attachment Bonds

An attachment bond is a type of surety bond that courts generally require when dealing with a writ of attachment. It’s often the case that a party or person will be required to obtain one of these bonds in order for the writ to be accepted by the court. Timing…

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The Benefits of a Special Needs Trust

A special needs trust is a special type of trust that people can set up in order to help secure the financial integrity of a protected person. This differs from a conservatorship, which is a position that a person can take in order to manage the financial assets of a…

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Reasons to step down as a Guardian or Conservator

As a conservator or guardian, you hold a special responsibility to the person whose assets and major decisions that you control. This makes stepping down from being a conservator or guardian an incredibly difficult decision. Some people feel stuck in the position out of obligation for their duties, but this…

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