Alabama Conservator Bond

Alabama Conservator Bond

In Alabama, when a person cannot care for themselves or their property, the probate court will appoint a "conservator" to make decisions on their behalf. The appointed individual, also known as a fiduciary, may be required to obtain a surety bond as outlined in Title 26 of the Alabama Code. The surety bond safeguards the interests of the ward and their estate from any financial harm caused by the actions of the conservator.

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Have any questions? Give us a call at (855) 470-0877 and speak to a live Alabama probate bond expert.

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What Size Bond Do You Need?

The probate court judge overseeing your case will set the required bond amount when they enter an order appointing you as conservator. Generally, the bond's value must adequately safeguard the ward, their estate's assets, and all relevant parties. However, the court determines the specific bond amount for each case in accordance with Alabama Code 26-3-1.

How Much Does the Alabama Conservator Bond Cost?

Jet charges a base price of $150 per year for the Alabama Conservator Bond, with the specific cost varying depending on the bond amount. See the chart below to calculate the price for larger bonds. In Alabama, conservators can request reimbursement for the bond premium from estate funds according to AL Code 26-5-16.

To determine how much the bond will cost, conservators can follow the steps listed below:

  1. Determine the Required Bond Amount

After ruling that a conservatorship is needed, the probate court judge will enter an order of appointment naming the fiduciary and setting their required bond amount.

  1. Calculate the Total Cost

Conservator bonds up to $20,000 in size cost $150 per year. For each additional $1,000 increase, the bond premium will increase by the corresponding amount outlined in the table below.

Bond AmountAdditional Premium (per $1,000)Bond Cost (1 year)
$0 - $20,000$150 flat rate$150
$20,001 - $60,000$6.00$150 - $390
$60,001 - $200,000$5.00$390 - $1,090
$200,001 - $500,000$3.75$1,090 - $2,215
$500,001 - $1,500,000$2.50$2,215 - $4,715
$1,500,000+$1.00$4,715+
Alabama Conservatorship Bond Cost

We provide discounted tiered pricing that reduces the percentage rate for larger bond amounts. Applicants can also save money by purchasing bonds for multiple years in advance. Apply online in minutes or call one of our probate bond experts at (855) 470-0877 to determine how much your bond will cost.

Why Is the Alabama Conservator Bond Required? Are There Surety Bond Exemptions?

When a conservator is appointed to manage a ward’s estate, the probate courts in Alabama will require a surety bond according to AL Code 26-3-1 et seq. The bond safeguards the interests and well-being of the ward’s estate and serves as a form of insurance that guarantees the responsible and ethical behavior of the conservator.

By requiring a bond, the court can help mitigate loss from mismanagement or misuse of the estate's property by the conservator and can help ensure they act in accordance with Title 26 of the Alabama Code. The bond can also compensate the ward’s estate for any losses incurred due to the actions of the conservator.

Conservators in Alabama must obtain a surety bond unless the bond requirement was waived in a will or power of attorney.

Important Terms to Know in Alabama Conservatorship

What are the Duties of a Conservator in Alabama?

A conservator is a person who takes care of an estate or assets owned by a minor or an adult who is incapacitated by physical or mental illness, substance abuse, or disappearance. As a conservator, you hold the responsibility of performing all duties listed in Title 26 of the Alabama Code, including managing the property and financial interests of the ward. The management of the ward's property and finances encompasses filing taxes, completing financial records, reporting accounting to the court, and adhering to all court orders. When carrying out your obligations, you must do so ethically to avoid any misconduct and fraud that can cause financial damage to the person you are entitled to protect.

Sometimes a guardian is also appointed but is charged with taking care of the incapacitated person’s welfare. A person acting solely as a conservator needs a bond, whereas a guardian does not. However, if you are taking on duties as both a conservator and a guardian, you will need to file a surety bond.

Who Can Be Appointed as Conservator?

A conservator must be appointed by a court but is typically chosen from the following list of people: 

In all cases, the court will consider the preferred nominee made by the respondent and appoint the person who will serve the respondent's best interests.

How To Apply for the Alabama Conservator Bond with Jet

Jet’s application process is simple and fast - our goal is to get the fiduciary bonded as quickly as possible so they can focus on their obligations. All we need is the bond amount and basic information about the estate.

APPLY FOR YOUR BOND

Once completed and submitted, you will receive your purchase price immediately or a Jet underwriter will review the application. Some of the factors Jet considers when underwriting these types of bonds:

Applicants for bond limits over $50,000 will need to submit documentation from the court for review, specifically their application for appointment as fiduciary and the order from the court requiring the bond.

How Does the Bond Get Filed with the Probate Court?

When you purchase the surety bond, you will immediately receive a digital version of your bond with a receipt. Afterward, Jet will complete the bond form, attach our raised seal, and mail it to you. You simply need to sign the form and deliver it to the probate court overseeing your case.

Jet has provided a chart at the bottom of the page with a list of all probate court locations in the State of Alabama and any available contact information for their offices.

Tennessee Probate Bond Process

Can the Alabama Conservator Bond Be Canceled?

You can cancel your bond with Jet by sending a written request; an email to [email protected] is acceptable. Jet will request cancellation with the probate court that holds your bond, but cancellation is not complete until the court releases both you and Jet from liability of the Conservator Bond. If you are still the conservator in charge of managing the estate, you will be responsible for supplying a replacement bond for the duration of your appointment. 

The first year of the Conservator Bond is fully earned. A refund may be available for bonds that were purchased for multiple years. Jet will review the remaining time on the bond for any available refund after the cancellation is complete. 

How Long Do You Need the Bond?

The bond of a conservator is required for as long as that person is managing the estate of the ward. Before the conservatorship is over, you must file a petition with the probate court under which your obligation stands. The court will conclude the conservatorship and release the liability of you and the surety company (Jet) under the bond. The circumstances which would constitute the ending of a conservatorship are found in the AL Code 26-5-7

How Does a Conservator Avoid Surety Bond Claims in Alabama?

The probate court expects the conservator to fulfill all duties and obligations under Title 26 of the Alabama Code. Failing to meet these requirements or not adhering to all court orders can result in a bond claim. Some common violations that may lead to a bond claim include the following:

Here are some violations that may lead to bond claims on the Alabama Conservator Bond:

Any person with proven damages caused by the actions of the guardian or conservator may file a claim against the bond, including the protected person, creditors to the estate, or the protected person's legal representation.

What Happens if I Get an Alabama Conservator Bond Claim?

Upon receiving court notice of a claim on the bond, Jet has 30 days to pay the claim or ask for additional time to review it. Jet works tirelessly to protect fiduciaries against faulty claims. Even if the court has requested a bond payout, we assess all documentation provided by the court and the conservator before paying out the claim. However, as the indemnitor, you will ultimately be required to reimburse Jet Insurance Company for the full claim payout.

County Court Locations in Alabama

Below is a list of all the county courts located in the State of Alabama, as well as their addresses and contact information.

County CourthousePhoneMailing Address
Autauga(334) 361-3728176 W Fifth Street
Prattville, Alabama, 36067
Baldwin(251) 937-0260208 Courthouse Square
Bay Minette, Alabama, 36507
Barbour(334) 687-1530PO Box 758
Eufaula, Alabama, 36072
Bibb(205) 926-31088 Court Sq W, Suite A
Centreville, Alabama, 35042
Blount(205) 625-4191220 Second Ave E, Room 101
Oneonta, Alabama, 35121
Bullock(334) 738-2250PO Box 71
Union Springs, Alabama, 36089
Butler(334) 382-3512PO Box 756
Greenville, Alabama, 36037
Calhoun(256) 241-28251702 Noble Street, Suite 102
Anniston, Alabama, 36202
Chambers(334) 864-43802 South Lafayette St.
Lafayette, Alabama, 36862
Cherokee(256) 927-3363260 Cedar Bluff Road, Suite 101
Centre, Alabama, 35960
Chilton(205) 755-1555PO Box 270
Clanton, Alabama, 35045
Choctaw(205) 459-2414117 South Mulberry
Butler, Alabama, 36904-2557
Clarke(251) 275-3251PO Box 10
Grove Hill, Alabama, 36451
Clay(256) 354-2198PO Box 1120
Ashland, Alabama, 36251
Cleburne(256) 463-5655120 Vickery Street, Room 101
Heflin, Alabama, 36264
Coffee(334) 897-2211PO Box 311247
Enterprise, Alabama, 36331
Colbert(256) 386-8542PO Box 47
Tuscumbia, Alabama, 35674
Conecuh(251) 578-1221PO Box 149
Evergreen, Alabama, 36401
Coosa(256) 377-4919PO Box 218
Rockford, Alabama, 35136
Covington(334) 428-2510PO Box 789
Andalusia, Alabama, 36420
Crenshaw(334) 335-6568 Ext. 226PO Box 328
Luverne, Alabama, 36049
Cullman(256) 775-4665PO Box 970
Cullman, Alabama, 35056
Dale(334) 774-2754PO Box 580
Ozark, Alabama, 36361
Dallas(334) 876-4830PO Box 987
Selma, Alabama, 36702
DeKalb(256) 845-8510300 Grand Avenue SW, Ste 100
Fort Payne, Alabama, 35967
Elmore(334) 567-1140PO Box 280
Wetumpka, Alabama, 36092
Escambia(251) 867-0297PO Box 557
Brewton, Alabama, 36427
Etowah(256) 549-5342PO Box 187
Gadsden, Alabama, 35902
Fayette(205) 932-4519PO Box 670
Fayette, Alabama, 35555
Franklin(256) 332-8801PO Box 70
Russellville, Alabama, 35653
Geneva(334) 684-5640PO Box 430
Geneva, Alabama, 36340
Greene(205) 372-3340PO Box 790
Eutaw, Alabama, 35462
Hale(334) 624-87401001 Main St.
Greensboro, Alabama, 36744
Henry(334) 585-3257101 Courtsquare, Suite A
Abbeville, Alabama, 36310
Houston(334) 677-4792PO Box 6406
Dothan, Alabama, 36302
Jackson(256) 574-9290PO Box 128
Scottsboro, Alabama, 35768
Jefferson(205) 325-5426716 Richard Arrington, Jr. Blvd
Birmingham, Alabama, 35203
Lamar(205) 695-9119PO Box 338
Vernon, Alabama, 35592
Lauderdale(256) 760-5804PO Box 1059
Florence, Alabama, 35631
Lawrence(256) 974-2439P.O. Box 310
Moulton, Alabama, 35650
Lee(334) 745-9761PO Box 2266
Opelika, Alabama, 36803
Limestone(256) 233-6427100 South Clinton Street, Suite D
Athens, Alabama, 35611
Lowndes(334) 548-2365PO Box 5
Hayneville, Alabama, 36040
Macon(334) 724-2611101 East Rosa Parks Ave, Suite 101
Tuskegee, Alabama, 36083
Madison(256) 532-3330100 North Side Square, Room 101
Huntsville, Alabama, 35801
Marengo(334) 295-2210PO Box 480668
Linden, Alabama, 36748
Marion(205) 921-2471PO Box 1687
Hamilton, Alabama, 35570
Marshall(256) 571-7764425 Gunter Ave, Suite 110
Guntersville, Alabama, 35976
Mobile(251) 574-6000PO Box 7
Mobile, Alabama, 36601
Monroe(251) 743-4107PO Box 665
Monroeville, Alabama, 36461
Montgomery(334) 832-1240PO Box 223
Montgomery, Alabama, 36101
Morgan(256) 351-4675PO Box 848
Decatur, Alabama, 35602
Perry(334) 683-2210PO Box 478
Marion, Alabama, 36756
Pickens(205) 367-2010PO Box 370
Carrollton, Alabama, 35447
Pike(334) 566-1246120 W. Church Street
Troy, Alabama, 36081
Randolph(256) 357-4933PO Box 249
Wedowee, Alabama, 36278
Russell(334) 298-7979PO Box 700
Phenix City, Alabama, 36868
Shelby(205) 669-3710PO Box 825
Columbiana, Alabama, 35051
St. Clair(205) 594-2120PO Box 220
Ashville, Alabama, 35953
Sumter(205) 652-7281PO Box 1040
Livingston, Alabama, 35470
Talladega(256) 362-4175PO Box 737
Talladega, Alabama, 35161
Tallapoosa(256) 825-4266125 N Broadnax Street, Room 126
Dadeville, Alabama, 36853
Tuscaloosa(205) 349-3870PO Box 20067
Tuscaloosa, Alabama, 35402
Walker(205) 384-7284PO Box 502
Jasper, Alabama, 35502
Washington(251) 847-2201PO Box 549
Chatom, Alabama, 36518
Wilcox(334) 682-4883PO Box 668
Camden, Alabama, 36726
Winston(205) 489-5219PO Box 27
Double Springs, Alabama, 35553
Alabama Probate Courts

Alabama Administrator or Executor Bond Form

Notary Bond Application:

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: