surety bond for guardianship Hi, I am going to be asked by a government body to obtain a surety bond in order for me to be granted guardianship of my elderly father who has been assessed to be incapable of managing his property.
Say the value of my father's property is $2 million. I guess the government body will say that I need to provide a surety bond for that amount.
My question is: Do you expect that I must own assets close to that amount to be bonded for that amount?
(I'm trying to set my expectation level for whether or not I will be able to get a bond for that amount and have no knowledge of surety bonds.) Thank you very much. |