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What Is a Fiduciary Bond?

What Is a Fiduciary Bond? A fiduciary bond functions as a type of insurance that offers protection to heirs, beneficiaries, and creditors from fraudulent or dishonest actions committed by a fiduciary.

Probate: What It Is and How It Works, With and Without a Will

Learn how probate validates a will, pays debts, and distributes assets to heirs. State intestacy laws apply when there is no ...