Bonds of Caution were originally required to be obtained in every Executory Estate. Since 1823 this condition has been relaxed.


A Bond of Caution is a fidelity guarantee designed to protect the inheritance of the beneficiaries of an Executory Estate from the dishonesty of the Executor.


A bond of Caution is required in most Estates where an executor has not been appointed in terms of the Will. This obviously covers any Estate where there is no Will.

The exceptions to his rule are-

  • Where there is no Will and the spouse or civil partner inherits the whole Estate; and
  • Estates with a gross value of < £36,000 (Small Estates) and where the Executor-dative applies to the Sheriff Clerk to prepare the Inventory and Form C1.


There are currently two companies authorised to provide Bonds of Caution-

  • Royal and Sun Alliance Insurance; and
  • Zurich Insurance


The Bond of Caution will only be provided by the insurance companies if a firm of solicitors is instructed to administer and wind up the Estate.


The fee is based upon the gross value of the Estate. The minimum fee charged by the insurance companies is around £250.00.

Contact Our Expert Executry Probate Solicitors Glasgow, Scotland

Our executry solicitors in Glasgow, Scotland, can help you to wind up the estate of a loved one in Scotland quickly and effectively. Based in Glasgow, we help clients throughout Scotland including Ayrshire, Edinburgh, Aberdeen, Dundee, Paisley, East Kilbride and Stirling. For advice on any of the above information and on all aspects of executries contact our solicitors today on 0141 413 4328 or complete our online enquiry form.

We can give you straightforward, expert advice on Executries & Probate.

CALL US TODAY 01412227951

Why Choose Us?

Expertise - we are a niche firm specialising in Probate and Executry

Value - we do not charge fees based upon the value of the assets/estate

Clarity - we offer fixed fees in most cases

Contact Wilson & Fish Solicitors

Our specialists can help advise you today.

Please let us know your name.
Please enter a valid phone number
Please let us know your email address.
Please let us know your message.
Invalid Input

Latest News

28 August 2018
Following a record £5.2 billion raised in Inheritance Tax (IHT) in the 2017-18 financial year, the SNP have now called for the reform of IHT, claiming that there are ‘loopholes’ in the current UK syst...
06 July 2018
New research has highlighted that many British adults are at risk of not having their final wishes respected after their death as they have no Will in place....


"Thank you for following up with Scottish Power to resolve the issue of amount owed to the estate of the late Marjory Friel. I'd also like to thank you, Mark and the whole office for your expertise and diligence in settling the estate. I plan to visit Glasgow on my visit to the UK."

L. Thompson, Sanbruno, California

Contact Wilson & Fish Solicitors

Our specialists can help advise you today.