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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.
Adam Schwartz, left, & Richard Clarke, right, of Colonial Surety Company. Courtesy photos. Recent high-profile cases have brought conservatorships to the forefront of the news. Beyond the ...