New VA Fiduciary Regulations Implemented

The United States Department of Veterans Affairs (VA) has updated its regulations regarding oversight of VA beneficiaries and appointment and oversight of VA fiduciaries for said beneficiaries.

The new regulations have made fiduciary rules consistent with current law and VA policies. Beneficiary rights have been clarified while the roles of the VA and fiduciary have been made clear as well. Beneficiary rights and procedures to remove fiduciaries, for instance, have specifically been addressed in these new regulations. Click here to learn more.

Fiduciaries who oversee beneficiaries due to injury, disease, or age are often required to purchase a VA fiduciary bond to guard the beneficiary’s funds.

Where can you purchase instant VA fiduciary bonds?

Colonial Surety offers the direct and digital way to obtain VA fiduciary bonds. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are easy — get a quote online, fill out your information, satisfy underwriting requirements, and enter your payment method. Print or e-file your bond from your office. It’s that simple!