The District of Columbia Nominal Bond of Personal Representative is a type of surety bond that is required by the court of the District of Columbia when a personal representative is appointed for the administration of a decedent’s estate. The bond guarantees that the personal representative will faithfully perform their duties in accordance with the laws of the District of Columbia. This bond is issued by a surety company to protect the beneficiaries of the estate. There are two types of District of Columbia Nominal Bond of Personal Representative: an Individual Bond and an Estate Bond. The Individual Bond is issued to a nominated personal representative, and sets forth the conditions by which the personal representative must abide. The Estate Bond is issued on behalf of the estate, and sets forth the conditions by which the nominated personal representative must abide.
The District of Columbia Nominal Bond of Personal Representative is a type of surety bond that is required by the court of the District of Columbia when a personal representative is appointed for the administration of a decedent’s estate. The bond guarantees that the personal representative will faithfully perform their duties in accordance with the laws of the District of Columbia. This bond is issued by a surety company to protect the beneficiaries of the estate. There are two types of District of Columbia Nominal Bond of Personal Representative: an Individual Bond and an Estate Bond. The Individual Bond is issued to a nominated personal representative, and sets forth the conditions by which the personal representative must abide. The Estate Bond is issued on behalf of the estate, and sets forth the conditions by which the nominated personal representative must abide.
