The District of Columbia General Bond of Personal Representative is a financial guarantee to ensure that a personal representative (PR) administers an estate in accordance with the District of Columbia Code and the court’s orders. The bond covers the PR against any losses incurred by their administration of the estate, including fraud, misappropriation, and neglect. The bond is typically set by the court at three times the value of the estate, though it may be more or less depending on the situation. There are two types of District of Columbia General Bond of Personal Representative: the Surety Bond and the Fidelity Bond. The Surety Bond is a three-party arrangement between the PR, the court, and an insurance company. The insurance company guarantees payment of any losses to the court or estate beneficiaries in the event of mismanagement or fraud. The Fidelity Bond is similar except that the insurance company is replaced by the PR themselves, who must provide financial assurance to the court and beneficiaries in the event of mismanagement or fraud.