This is a legal form that was released by the Vermont Probate Court - a government authority operating within Vermont. Check the official instructions before completing and submitting the form.
Q: What is a PC113 Trustee's Bond?
A: A PC113 Trustee's Bond is a type of surety bond required by the state of Vermont for individuals appointed as trustees.
Q: Who needs to file a PC113 Trustee's Bond?
A: Individuals who have been appointed as trustees in the state of Vermont need to file a PC113 Trustee's Bond.
Q: Why is a PC113 Trustee's Bond required?
A: The bond is required to protect the interests of beneficiaries and ensure that the trustee fulfills their duties and responsibilities.
Q: How much does a PC113 Trustee's Bond cost?
A: The cost of a PC113 Trustee's Bond may vary depending on the bond amount required and the trustee's qualifications.
Q: Is the PC113 Trustee's Bond refundable?
A: No, the PC113 Trustee's Bond is not refundable.
Q: How long is a PC113 Trustee's Bond valid for?
A: The bond is typically valid for one year, and needs to be renewed annually if the trustee's appointment continues.
Q: What happens if a trustee fails to obtain a PC113 Trustee's Bond?
A: If a trustee fails to obtain the required bond, they may not be allowed to serve as a trustee or their appointment may be revoked.
Form Details:
Download a fillable version of Form PC113 by clicking the link below or browse more documents and templates provided by the Vermont Probate Court.