Guardian's and Conservator's Bond

Utah law requires a bond to pay the protected person for harm caused by your mistake, unless the court waives the requirement, which it often does. Utah CodeSection 75-5-105, Section 75-5-411 and Section 75-5-412. The bond is an insurance policy paid for by the estate that protects the protected person in the event that your act or omission causes harm. The amount of the bond will be the total value of the estate property over which you have unsupervised control plus one year's estimated income. The court does not issue bonds. They may be available from insurance companies or other financial institutions.