Nevada Conservator and Guardian Bond

Nevada Conservator and Guardian Bond

Probate courts may appoint a guardian or a conservator to care for and act on behalf of a minor or adult that has been deemed incompetent (often referred to as a protected person or ward), the person’s estate, or both. While fulfilling their legal obligations, the guardian or conservator is typically required to file a surety bond with the Nevada probate court that is handling the protected person’s estate.

APPLY FOR YOUR BOND

Jet Insurance Company provides the Nevada Guardian and Conservator Bond as an assurance to the Nevada State courts that the protected person and/or their estate will be properly cared for. If the guardian or conservator fails to fulfill their fiduciary obligations, the surety bond will act as restitution for all financial damages caused.

What Is the Bond Limit and Cost of the Nevada Guardian and Conservator Bond?

The Guardian and Conservator Bond has a custom limit that is determined by the Nevada probate court and is typically in an amount that the judge feels is necessary for the protection of the protected person and their estate. For good cause, the court can choose to increase or decrease the amount of the bond required at any time for the wellbeing of the ward. 

For those who are appointed as the guardian of a ward that is a beneficiary of the Department of Veterans Affairs, the surety bond amount must be in an amount no less than the value of the personal property of the estate plus the estate’s anticipated annual income.

Jet’s prices for the Conservator and Guardian Bond are based on the personal credit score of the fiduciary and are only a small percentage of the custom bond limit. Once your submitted application has gone through a final review with one of our underwriters, Jet will send over approved rate options that are ready for immediate online purchase.

What Is the Difference Between a Guardian and Conservator in Nevada?

A guardian is any person or association that is appointed by the probate court to care for and manage a protected person, their estate, or both. This protected person may be a minor under the age of 18 years old (sometimes guardianships continue until the person reaches 19 years of age) or an adult that has been ruled as being unable to care for themselves and/or their estate. The guardian’s duties include making everyday decisions for the ward such as basic care, education, finances, and health.

Conservatorships are similar to guardianships in that the person is appointed by a probate court to manage the protected person’s estate. They are responsible for the collection, preservation, and investment of the ward’s property and assets. According to Chapter 161 of the Nevada Revised Statutes, conservatorships in Nevada are typically reserved for members of the armed forces and merchant seamen who have not provided an adequate power of attorney and who have been reported as missing, missing in action, interned in a neutral country, or besieged, captured by an enemy, or is otherwise in a difficult situation.

Why Is a Probate Bond Required for Nevada Guardians and Conservators? Are There Exemptions?

Conservators and guardians are appointed by the probate court and are responsible for caring for and managing everyday choices for a minor or an adult that has been deemed incompetent; making financial decisions on behalf of the protected person is typically part of the court-ordered appointment as well. Some of these decisions will affect the ward for the rest of their lives. Due to the serious nature of the fiduciary’s duties, Nevada county probate courts require a surety bond to be acquired for guardianships and conservatorships. The bond provides an extra level of protection for the ward’s well-being and ensures their assets and property are financially taken care of up to the probate court’s and State’s standards.

The people who meet the qualifications below are generally exempt from the surety bond requirement:

If the probate court thinks it is necessary, the guardian or conservator may still be required to obtain a surety bond in any of the above cases.

How to Apply for the Nevada Guardian and Conservator Bond With Jet

Our application is online and can be completed from the comfort of your home. Some information that is needed includes your contact details, the court-required bond limit, general information about the ward and/or their estate, and the fiduciary’s social security number for a soft credit check (this process won’t affect your credit score). Once you’ve submitted everything, a Jet underwriter will complete a quick review of your application. If further resources are needed, we will give you a call right away. Otherwise, approved rate options will be sent to you that are ready for immediate purchase. Just fulfill payment and receive a copy of your bond form and receipt instantly. 

The original signed and sealed probate bond must be filed with the county clerk’s office in which the guardianship or conservatorship proceeding is being conducted. Once you have completed your bond purchase with Jet, a member of our team will fill out and seal the bond form appropriately, and then send it to the mailing address indicated. It is the fiduciary’s responsibility to sign and complete the bond filing with the probate court themselves. 

The Jet team has provided a list of each Nevada county probate court and their contact information in a chart at the bottom of this page.

Is the Nevada Guardian and Conservator Bond Cancellable?

The Guardian and Conservator Bond may be cancelled, but a few steps must be taken care of before termination of the bond can be achieved. Once you notify Jet of your wish to cancel, we must send a written cancellation request to the county probate court where the bond was originally filed. If the judge accepts this notice, the surety bond will be officially cancelled as soon as we receive a release of liability from the court. 

If you need to cancel your bond, send us a request to bonddept@jetsurety.com and we will begin the process with the Nevada county probate court. 

It is important to note that unless you have fulfilled all your fiduciary obligations and been released of your guardianship or conservatorship appointment, the probate court judge will require you to promptly file a replacement surety bond with the court. An omission to do so may lead to the court’s removal of the guardian or conservator from their appointment. 

When Does the Nevada Guardian and Conservator Bond Obligation End?

The Conservator and Guardian Bond must be on file with the appropriate Nevada county probate for the entirety of the guardianship or conservatorship. The bond will likely need to be renewed at some point during your fiduciary appointment. Jet will send you a renewal invoice in advance of your bond term’s expiration date. As long as standard payment is fulfilled, your bond will remain active with the probate court. 

The Guardian and Conservator Bond obligation will only end once your fiduciary duties are complete and you have been officially released from your appointment as a guardian or conservator by the probate court. 

Guardians of minors or incompetents (includes beneficiaries of the Department of Veterans Affairs) may be discharged of their fiduciary duties upon the filing of receipts and vouchers showing compliance with the courts. This may occur if the minor reaches the age of a legal adult, if the ward is declared competent by the probate court, if the protected person becomes deceased, and/or if the guardian has completed their duties and wrapped up all affairs regarding the ward’s estate. 

Conservators for members of the armed forces and merchant seamen may be released by the probate court if the absentee (protected person) petitions the court to terminate the conservatorship. Once terminated, the conservator must deliver all property held under the absentee’s ownership. The conservatorship may also end if the court finds that the absentee has died; an executor or administrator will then be appointed to take care of the estate’s fiduciary duties and the conservator will be released from their appointment. 

A guardian or conservator is not relieved of liability for their term as a fiduciary until an order of release is officially entered and filed by the county probate court. 

How Does a Fiduciary Avoid Bond Claims?

The probate court expects fiduciaries to fulfill all appropriate obligations pursuant to the Nevada Revised Statutes, Title 13, particularly the chapters pertaining to the specifics of guardians and conservators. It is typical for a fiduciary to hire an attorney to work alongside them during their appointment to ensure they are completing all duties up to the State’s and court’s rules and regulations. Violations of any rules and regulations may lead to a bond claim.

Common causes for claims on the Nevada Conservator and Guardian Bond include the following:

A claim may be filed on the guardian’s or conservator’s bond by any person (typically conducted by the protected person) who has been financially injured due to a transgression of the fiduciary duties. An action must be filed within three years from the time of the guardian’s or conservator’s discharge or termination of their appointment. However, if the person entitled to bring action against the fiduciary is under a legal disability, they may pursue a claim within three years of their disability being removed. 

The claimant must file an action with the probate court that is handling the guardianship or conservatorship directly. The court’s judge will decide whether or not the claim is justified and if restitution by means of the Guardian and Conservator Bond is acceptable. 

What Happens if a Claim Is Filed on the Nevada Guardian and Conservator Bond?

The Nevada county probate court will send an official bond claim notice to you and Jet after the verdict to file a suit has been officially made. Once received, Jet will contact you directly to acquire all available information and documentation involved in your case. We will utilize these tools for our own review and investigation of the accused violation.

Jet is legally obligated to payout justified claims per the bond form. This payout will be up to the bond’s limit and will not exceed this amount. You, the guardian or conservator, are responsible for your actions and must reimburse Jet for the full claim payout that was made on behalf of your committed violation(s). 

Nevada County Probate Courts

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

Mailing AddressContact Information
Carson City County District Court
885 East Musser Street, 3rd Floor  
Carson City, NV 89701
(775) 887-2082
districtcourtclerk@Carson.org
Churchill County District Court
73 North Maine Street, Suite B 
Fallon, NV 89406
 (775) 423-6088
Ssevon@churchillcourts.org
Clark County District Court
Phoenix Building
330 South 3rd Street
Las Vegas, NV 89101
(702) 455-2650
Douglas County District Court
1038 Buckeye Road 
PO Box 218
Minden, NV 89423
(775) 782-9820
Elko County District Court
571 Idaho Street  
Elko, NV 89801
(775) 753-4601
fourjdc1@elkocountynv.net
Esmeralda County District Court
1520 East Basin Avenue, Suite #105 
Pahrump, NV 89060
(775) 485-6309
clerktreasurer@esmeraldacountynv.org
Eureka County District Office
PO Box 694 
Eureka, NV 89316
(775) 237-5263
Humboldt County District Office
50 West 5th Street, Room #207  
Winnemucca, NV 89445
(775) 623-6371
kbrumm@hcdcnv.com
Lander County District Court
50 State Rte. 305 
Battle Mountain, NV 89820
(775) 635-1332
Lincoln County District Court
181 North Main Street, Suite 208  
Pioche, NV 89043
(775) 962-8000
Lyon County District Court
911 Harvey Way  
Yerington, NV 89447
(775) 463-6571
Mineral County District Court
105 S. A Street Hawthorne
Mineral, NV 89415
(775) 945-0738
Nye County District Court
1520 East Basin Ave. #105 
Pahrump, NV 89060
(775) 751-4210
Pershing County District Court
400 Main Street
PO Box H
Lovelock, NV 89419
(775) 273-2105
Storey County District Court
26 South B Street Drawer D
Virginia City, NV 89440
(775) 847-0969
clerk@storeycounty.org
Washoe County District Court
1 South Sierra Street  
Reno, NV 89501
(775) 328-3110
White Pine County District Court
801 Clark Street, Suite 4  
Ely, NV 89301
(775) 293-6509
Nevada County District Courts

Nevada Guardian and Conservator 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: