Nominal Bond - Personal Representative State of Maryland
Personal Representative - Executor
Overview
What it is.
Personal Representative - Executor
Who usually needs it
A court-appointed personal representative (executor or administrator) of a deceased person's estate in Maryland needs this bond when the estate is regular-sized and the bond requirement is expressly waived by the will or by written waiver of all interested persons. This nominal bond ensures the personal representative will properly manage estate assets, pay…
Pricing & timing
What to expect.
Generic pricing
Probate bonds are required for personal representatives, executors, and administrators of estates. Pricing Information:. Court bonds are reviewed case-by-case and must be approved before pricing can be provided. • Bond amount: Typically based on estate value as determined by the court. • What affects pricing: Estate value, reason for appointment, credit and financial strength. • Collateral: May be required for larger estates. • Court approval: Required before bond can be…
Typical timeframe
Probate application — typically 3–5 business days
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateMDBond amountVaries by license type or projectObligeeState of MarylandBond classProbate BondCategoryOtherBondNominal Bond - Personal Representative State of MarylandPlain descriptionPersonal Representative - ExecutorWho needs this bondA court-appointed personal representative (executor or administrator) of a deceased person's estate in Maryland needs this bond when the estate is regular-sized and the bond requirement is expressly waived by the will o…
