Probate, also known as succession in Louisiana, is the legal process after a person passes away, ensuring their assets are distributed to the rightful heirs and any outstanding debts or taxes are paid. The person that handles this process is called an executor or administrator.
In Louisiana, the Code of Civil Procedure (CCP) 3159 requires all executors and administrators of an estate to be appointed by a court and swear an oath before assuming their fiduciary duties. This requirement exists so executors and administrators do not mismanage the estate’s assets. To provide financial protection to the estate, the probate judge will require certain executors and all administrators to obtain a surety bond.
Have any questions? Give us a call at (855) 470-0877 and speak to a live Louisiana probate bond expert.
According to the Louisiana Code of Civil Procedure 3151, the bond amount must equal 125% of the estate’s total value. However, the court may reduce the required amount if the executor or administrator can prove the required amount is far more than what is needed to protect the interests of the estate’s beneficiaries and creditors.
The bond cost depends entirely on the bond amount needed for the estate. The executor or administrator will pay only a fraction of that bond amount.
To determine how much the bond will cost, the fiduciary can follow the steps listed below:
The probate judge or county clerk determines the bond amount based on the total amount of the estate, including any real estate, that the fiduciary has to oversee.
Administrator and executor bonds up to $20,000 cost $150 per year. For each additional $1,000 increase in the bond amount, the bond premium will increase by the corresponding amount outlined in the table below.
|Bond Amount||Additional Premium (per $1,000)||Bond Cost (1 year)|
|$0 - $20,000||$150 flat rate||$150|
|$20,001 - $60,000||$5.00||$150 - $350|
|$60,001 - $200,000||$4.00||$350 - $910|
|$200,001 - $500,000||$3.00||$910 - $1,810|
|$500,001 - $1,500,000||$2.00||$1,810 - $3,810|
As demonstrated in the table above, there is a tiered rate calculation for probate bonds. For example, a $50,000 bond costs $300 per year, while a $300,000 bond costs $1,210 per year. Call us at (855) 470-0877 to find out how much your executor or administrator bond will cost.
The following individuals are not eligible to serve as personal representatives:
The court determines priority for serving as the executor of the estate as follows:
Although not explicitly required, we recommend that fiduciaries hire an attorney to assist with the probate process.
Louisiana has four distinct succession (probate) types, as outlined below:
Executors and administrators must contact the district court with jurisdiction over the deceased individual’s estate. A representative of the court will walk the executor or administrator through the appointment process, provide them with all required forms, and answer any questions they may have.
Unless exempt (see below), executors and administrators must obtain and maintain a surety bond.
The executor or administrator in Louisiana has several key responsibilities in managing the probate process and settling the deceased person's estate. The primary duties include:
Due to the responsibilities listed in the prior section, Louisiana requires fiduciaries to purchase a surety bond as a prerequisite to being appointed as a fiduciary over an estate’s assets. The bond ensures that the estate’s beneficiaries and creditors will receive compensation for financial harm if the personal representative fails to abide by state regulations. Specifically, the bond protects beneficiaries and creditors if the personal representative engages in fraud or mismanages the estate’s assets by violating their fiduciary duties.
Executors are only required to purchase a bond in the following situations:
However, according to Louisiana statute CCP 3151, all administrators must furnish a bond in the amount 125% of the estate. Provisional administrators and testamentary executors must also provide a bond according to Louisiana CCP 3152 and 3153.
Jet’s application process is unlike any other - our goal is to get the personal representative bonded as quickly as possible to allow them to focus on their fiduciary obligations. All we need is the bond amount and basic information about the estate. Our application allows the personal representatives to select where to send the bond.
Here are some of the factors Jet considers when underwriting a personal representative bond:
Jet (the Surety) and the personal representative must sign the original bond. Jet fills out the bond form, signs as the Surety, and sends the original bond to the representative to sign and file the completed bond with the probate court. Jet will also send the representative an electronic copy of their bond for reference.
Jet will notify the fiduciary well in advance of the renewal date to ensure timely renewal payment. Jet will inform the attorney (when applicable) and the court if you do not make your payment. If an attorney is involved, they may decide to pay the renewal bond premium, but the fiduciary must reimburse them. The court will set a hearing upon being notified of the failure to maintain the bond.
The court will release the bond once the fiduciary has paid all debts, distributed all assets, and provided a final accounting approved by the court. If the estate settlement extends beyond a year, the personal representative must submit an annual accounting to the court. After obtaining the release, the personal representative simply needs to email a copy to [email protected] so that we can cancel the bond and issue any applicable refund due back to the personal representative.
Executors and administrators have a critical role in the settlement of an estate and are relied on by the heirs, creditors, and the circuit court to fulfill these obligations. Complaints regarding failure to uphold duties may arise from the heirs and creditors if they feel the personal representative has not settled the estate properly. Your diligence in keeping receipts and records of all transactions as the personal representative is essential.
Some examples of potential actions that could cause a 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 our clients against faulty claims, which means that even if the court has requested a bond payout, we assess all documentation provided by the court and the fiduciary before paying out the claim. However, if a claim is valid and Jet pays the claimant, the executor or administrator must pay Jet back as the ficuciary is ultimately liable for their actions.
Below is a list of all the civil district courts located in the State of Louisiana, as well as their addresses and contact information.
|County Court||Phone Number||Address|
|Acadia Parish||(337) 788-8881||500 N. Parkerson Ave|
Crowley, LA 70527
|Allen Parish||(337) 636-4351||400 W 6th Ave|
Oberlin, LA 70655
|Ascension Parish||(225) 621-8500||607 East Worthey St., Third Floor|
Gonzales, LA 70737
|Assumption Parish||(985) 369-6653||4809 Hwy 1|
Napoleonville, LA 70390
|Avoyelles Parish||(318) 253-7523||312 North Main Street|
Marksville, LA 71351
|Beauregard Parish||(337) 463-7993||200 West Second Street|
DeRidder, LA 70634
|Bienville Parish||(318) 263-7408||100 Courthouse Drive, Ste 2200|
Arcadia, LA 71001
|Bossier Parish||(318) 965-2336||204 Burt Boulevard|
Benton, LA 71006
|Caddo Parish||(318) 226-6776||501 Texas Street, Room 103|
Shreveport, LA 7101
|Calcasieu Parish||(337) 721-3100||1001 Lakeshore Drive|
Lake Charles, LA 70601
|Caldwell Parish||(318) 649-7410||201 Main Street|
Columbia, LA 71418
|Cameron Parish||(337) 775-5649||119 Smith Circle|
Cameron, LA 70631
|Catahoula Parish||(318) 336-5526||4001 Carter St Ste 9|
Vidalia, LA 71373
|Clairborne Parish||(318) 927-4862||511 West Main Street|
Homer, LA 71040
|Concordia Parish||(318) 336-4204||4001 Carter St Room 5|
Vidalia, LA 71373
|DeSoto Parish||(318) 872-3788||101 Texas Street|
Mansfield, LA 71052
|East Baton Rouge Parish||(225) 389-4700||300 North Boulevard|
Baton Rouge, LA 70801
|East Carroll Parish||(318) 559-2388||400 First Street|
Lake Providence, LA 71254
|East Faliciana Parish||(225) 683-4800||12220 St. Helena St.|
Clinton, LA 70722
|Evangeline Parish||(337) 363-5671||200 Court Street, Ste 104|
Ville Platte, LA 70586
|Franklin Parish||(318) 435-5133||6550 Main Street|
Winnsboro, LA 71295
|Grant Parish||(318) 627-3244||200 Main St|
Colfax, LA 71417
|Iberia Parish||(337) 369-4410||300 Iberia Street|
New Iberia, LA 70560
|Iberville Parish||(225) 687-5230||58050 Meriam St.|
Plaquemine, LA 70764
|Jackson Parish||(318) 259-4112||500 East Court Ave, Rm 201|
Jonesboro, LA 71251
|Jefferson Davis Parish||(337) 824-3506||300 North State Street|
Jennings, LA 70546
|Jefferson Parish||(504) 364-3998||200 DERBIGNY STREET|
Gretna, LA 70053
|Lafayette Parish||(337) 291-6400||800 S. Buchanan St.|
LaFayette, LA 70501
|Lafourche Parish||(985) 447-5550||303 West Third Street|
Thibodaux, LA 70302
|LaSalle Parish||(318) 992-2002||1050 Courthouse Street, Room 4|
Jena, LA 71342
|Lincoln Parish||(318) 251-5121||100 West Texas Avenue, 3rd Floor|
Ruston, LA 71270
|Livingston Parish||(225) 686-7461||20300 Government Street|
Livingston, LA 70754
|Madison Parish||(318) 574-2712||100 North Cedar Street|
Tallulah, LA 71282
|Morehouse Parish||(318) 281-3343||100 East Madison Street|
Bastrop, LA 71220
|Natchitoches Parish||(318) 352-2034||200 Church Street|
Natchitoches, LA 71457
|Orleans Parish||(504) 407-0000||421 Loyola Avenue|
New Orleans, LA 70112
|Ouachita Parish||(318) 327-1444||300 St John Street|
Monroe, LA 71201
|Plaquemines Parish||(504) 392-6690||18055 Highway 15|
Pointe a la Hache, LA 70082
|Pointe Coupee Parish||(225) 638-5532||201 E Main Street|
New Roads, LA 70760
|Rapides Parish||(318) 443-6893||701 Murray Street, Suite 501|
Alexandria, LA 71301
|Red River Parish||(318) 932-6741||615 East Carroll Street|
Coushatta, LA 71019
|Richland Parish||(318) 728-4171||708 Julia Street|
Rayville, LA 71269
|Sabine Parish||(318) 256-6223||400 South Capital, Room 102|
Many, LA 71449
|St. Bernard Parish||(504) 271-3434||1101 W. St. Bernard Hwy.|
Chalmette, LA 70043
|St. Charles Parish||(985) 783-5000||15045 River Road|
Hahnville, LA 70057
|St. Helena Parish||(225) 222-6492||369 Sitman Street|
Greensburg, LA 70441
|St. James Parish||(225) 562-2270||5800 LA Hwy 44, 2nd Floor|
Convent, LA 70723
|St. John the Baptist Parish||(985) 497-3331||2393 Highway 18|
Edgard, LA 70049
|St. Landry Parish||(337) 942-5606||118 South Court Street, Ste 207|
Opelousas, LA 70570
|St. Martin Parish||(337) 394-2210||415 S. Main St.|
St. Martinville, LA 70502
|St. Mary Parish||(337) 828-4100||500 Main St|
Franklin, LA 70538
|St. Tammany Parish||(985) 809-8700||701 N Columbia Street|
Covington, LA 70433
|Tangipahoa Parish||(985) 748-9445||110 North Bay Street|
Amite, LA 70422
|Tensas Parish||(318) 766-3233||201 Hancock Street|
St. Joseph, LA 71366
|Terrebonne Parish||(985) 580-8102||7856 Main Street|
Houma, LA 70360
|Union Parish||(318) 368-9734||100 East Bayou, Suite 202|
Farmerville, LA 71241
|Vermilion Parish||(337) 898-1992||100 North State St.|
Abbeville, LA 70510
|Vernon Parish||(337) 239-2147||215 S. 4th Street|
Leesville, LA 71446
|Washington Parish||(985) 839-4663||908 Washington St|
Franklinton, LA 70438
|Webster Parish||(318) 371-0366||410 Main Street|
Minden, LA 71055
|West Baton Rouge Parish||(225) 336-2419||850 8th Street|
Port Allen, LA 70767
|West Carroll Parish||(318) 428-3281||305 East Main Street, Room 101|
Oak Grove, LA 71263
|West Faliciana Parish||(225) 635-4363||4785 Prosperity Street|
St. Francisville, LA 70775
|Winn Parish||(318) 628-4596||119 W Main Street|
Winnfield, LA 71483