Patrick J. Thomas Agency

Surety Bonds and Commercial Insurance
caution
The Dangers of the Power of Attorney 1024 682 Patrick J. Thomas Agency

The Dangers of the Power of Attorney

Granting Power of Attorney to someone (an agent) is not an easy decision. That is because you are trusting them with your financial or medical decisions, and essentially your personal wellbeing. When an agent has a Power of Attorney over someone, they are responsible for day-to-day financial responsibilities like paying…

read more
legal questions
Questions to Ask Your Attorney About Surety Bonds 1024 682 Patrick J. Thomas Agency

Questions to Ask Your Attorney About Surety Bonds

Obtaining a surety bond can be confusing, but by working with your attorney and an experienced surety bond agency, you can move through the process with little trouble. If you are new to the process, start by asking your attorney these questions. What Type of Surety Bond Do I Need?…

read more
3d printer
How 3D Printing Could Cause an Increase in Temporary Injunctions 1024 682 Patrick J. Thomas Agency

How 3D Printing Could Cause an Increase in Temporary Injunctions

Since the first patent was issued in the US in 1790 — to Samuel Hopkins for a process of making potash — there have been lawsuits involving infringements on intellectual property. These have led to countless injunctions being filed over the years. Although the essential definition of intellectual property has…

read more
vehicle parking lot
How to Obtain a Bond if Your Vehicle Title is Lost, Damaged or Stolen 1024 682 Patrick J. Thomas Agency

How to Obtain a Bond if Your Vehicle Title is Lost, Damaged or Stolen

In Minnesota, all vehicle owners are required by the Department of Motor Vehicles (DMV) to have a vehicle title. Unfortunately, vehicle titles can become lost, stolen or damaged to the point where they are unreadable. If this happens, drivers will have to submit an application with the Minnesota DMV to…

read more
conservator audit
How to Prepare for a Conservator Audit 1024 682 Patrick J. Thomas Agency

How to Prepare for a Conservator Audit

Most conservators in Minnesota will inevitably have to prepare for their first conservator audit. The Conservator Account Auditing Program (CAAP) occasionally does these audits to ensure that conservators are properly using the funds that are given to them, and to see that no abuse or fraud is being committed. CAAP…

read more
calculating investments for beneficiaries
What Are the Responsibilities of a Representative Payee? 1024 603 Patrick J. Thomas Agency

What Are the Responsibilities of a Representative Payee?

A representative payee is a person or organization who has been appointed to help beneficiaries manage their benefits. Representative payees can be appointed through the Social Security Administration (SSA) or the Department of Veteran’s Affairs (VA). The most common representative payee is a family member or close friend. If that…

read more
calling on cell phone
What to Do When You Suspect Vulnerable Adult Abuse 1024 682 Patrick J. Thomas Agency

What to Do When You Suspect Vulnerable Adult Abuse

It can be difficult to face a situation where a vulnerable family member or friend is suffering abuse or being taken advantage of. If you are in a conservatorship agreement, there are many things that you can do to help a protected person and report the situation to the proper…

read more
representative payee form
How to Become a Representative Payee 1024 681 Patrick J. Thomas Agency

How to Become a Representative Payee

Applying to become a representative payee is an easy process no matter which state you live in. There are a few applications to fill out and laws to follow, but the process can be completed as long as you know what forms to complete and where to send them. What…

read more
commercial insurance questions
Questions You Should Ask When Choosing Commercial Insurance 1024 682 Patrick J. Thomas Agency

Questions You Should Ask When Choosing Commercial Insurance

When looking for reliable and affordable liability insurance, there are many questions that you should ask in order to make sure that you are getting the right policy for the right price. Liability insurance can be customized to meet your company’s specific needs, so no matter which industry your business…

read more
dollar bills
How to Save Money by Lowering Your Bond Costs 1024 768 Patrick J. Thomas Agency

How to Save Money by Lowering Your Bond Costs

Attorneys must be proactive when it comes to securing bonds for their clients. This will help them decrease the amount of time it takes them to become approved and limit the costs that are associated with securing the bond. While surety bond costs cannot be drastically changed, they can be…

read more