Patrick J. Thomas Agency

Surety Bonds and Commercial Insurance
Executor vs. Administrator Bonds: When Each Is Required 1024 420 Patrick J. Thomas Agency

Executor vs. Administrator Bonds: When Each Is Required

When someone dies, the probate court oversees the process of settling the estate. The person appointed to manage that process will serve as either executor or administrator, depending on whether a valid will exists. In both cases, a bond is usually required before the fiduciary can legally begin acting. While…

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How Judgment Bonds Protect Parties During Appeals 1024 420 Patrick J. Thomas Agency

How Judgment Bonds Protect Parties During Appeals

When a civil court enters a judgment, the losing party has a choice: accept the outcome or challenge it. Most people focus on the appeal itself, the legal arguments, the timeline, the odds. What often receives less attention is the financial instrument that makes the appeal possible in the first…

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How to Prepare for Any Court-Required Bond Before Filing 1024 560 Patrick J. Thomas Agency

How to Prepare for Any Court-Required Bond Before Filing

Maybe you’ve just been named executor of an estate and aren’t sure what comes next. Maybe a loved one’s incapacity has led to guardianship or a conservatorship proceeding, and the court is asking for something called a bond before you can begin. Or perhaps you’re an attorney who needs to…

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Why Bond Delays Happen (and How to Prevent Them) 1024 563 Patrick J. Thomas Agency

Why Bond Delays Happen (and How to Prevent Them)

A bond delay doesn’t just slow down paperwork. It can freeze an entire estate, stall a court proceeding, trigger bond failures, or leave a fiduciary unable to act while deadlines pass and beneficiaries wait. In litigation, a delayed bond can hold up an injunction order or an appeal that has…

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Appeal, Supersedeas, and Certiorari Bonds: What’s the Difference? 1024 534 Patrick J. Thomas Agency

Appeal, Supersedeas, and Certiorari Bonds: What’s the Difference?

  Losing a civil case doesn’t always mean the fight is over. Parties who disagree with a court ruling have options for challenging that decision, and in most cases, pursuing those options requires a surety bond. Appeal, supersedeas, and certiorari bonds are all court bonds in this space, and the…

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legal documents letters of credit
Bonding Requirements for Out-of-State Fiduciaries 1024 682 Patrick J. Thomas Agency

Bonding Requirements for Out-of-State Fiduciaries

  Being named as a fiduciary, whether as an executor, trustee, guardian, or conservator, is an important responsibility. But what happens if you live in one state, and the estate, trust, or protected person you’re managing is in another? This situation is more common than you might think. Families often…

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bookkeeping conservators
Injunction Bonds in Intellectual Property Cases 1024 659 Patrick J. Thomas Agency

Injunction Bonds in Intellectual Property Cases

  When a client’s rights to trademarks, patents, copyrights, or trade secrets are being violated, a court-ordered injunction helps to stop the infringement immediately. But before the injunction can take effect, courts often require something crucial: an injunction bond. What Is an Injunction Bond? An injunction bond (also called a…

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business meeting
A Guide to Bond Renewals for Long-Term Conservatorships 1024 640 Patrick J. Thomas Agency

A Guide to Bond Renewals for Long-Term Conservatorships

  Serving as a conservator is a long-term commitment. Whether you’re managing the finances of an elderly parent, an adult with disabilities, or another protected person, your role continues year after year, and so does your responsibility to remain properly bonded. When a court first appoints a conservator, it typically…

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finances for conservator and guardian
Can a Representative Payee Also Act as Guardian or Conservator? 1000 667 Patrick J. Thomas Agency

Can a Representative Payee Also Act as Guardian or Conservator?

  When someone is unable to manage their own finances or personal affairs, the court or a government agency may appoint another person to help. In some cases, that individual might serve both as a representative payee and a guardian or conservator. If you’ve been asked to take on one…

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Getting Fiduciary Bonds for Co-Trustees or Multiple Executors 1024 682 Patrick J. Thomas Agency

Getting Fiduciary Bonds for Co-Trustees or Multiple Executors

  When a loved one passes away and their estate enters probate, the court may appoint one or more people to handle the estate’s financial and legal affairs. These individuals, known as executors, personal representatives, or trustees, are legally responsible for managing and distributing assets in accordance with the will…

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