Platinum Bonds Insurance Agency
Research before you apply.Under Iowa law (Iowa Code § 633.174), guardians appointed to manage the personal care of minors or incapacitated persons are generally NOT required to post a bond. However, if the guardian also serves as conservator managing the ward's financial estate, or if the court determines a bond is necessary for good cause, a …
Under Iowa law (Iowa Code § 633.174), guardians appointed to manage the personal care of minors or incapacitated persons are generally NOT required to post a bond. However, if the guardian also serves as conservator managing the ward's financial estate, or if the court determines a bond is necessary for good cause, a …
Guardians appointed by Iowa District Courts to manage the personal care and/or financial affairs of minors or incapacitated persons, particularly when they also serve as conservators or when the court orders a bond for good cause.
Guardianship bonds protect the interests of minors or incapacitated persons under court-appointed guardianship. Pricing Information:. Court bonds are reviewed case-by-case and must be approved before pricing can be provided. • Bond amount: Set by the court based on the ward's assets. • What affects pricing: Asset value, type of guardianship, credit and financial strength. • Collateral: May be required depending on asset value. • Ongoing requirement: Many guardianship bond…
Probate/fiduciary application — typically 3–5 business days
Under Iowa Code § 633.174, guardians appointed to manage the personal care of minors or incapacitated persons are generally NOT required to post a bond. However, a bond may be required if the guardian also serves as conservator managing the ward's financial estate, or if the court determines a bond is necessary for good cause. The bond requirement primarily applies to conservators handling estate assets.
The Iowa guardian/conservator bond amount is calculated based on the value of the protected person's estate, specifically the personal property value plus estimated income during the conservatorship period (Iowa Code § 633.170). The court may reduce the amount by the value of any personal property deposited with an Iowa bank or trust company, and has authority to adjust the bond amount if circumstances change.
Banks and trust companies with Iowa trust powers appointed as guardians or conservators are exempt from the bond requirement under Iowa Code § 633.175. Additionally, public guardians and conservators are not subject to bond posting requirements. The court may also waive the bond if an alternative form of financial security (such as a cash deposit) provides sufficient protection to the protected person's assets.
Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.