What kind of bond is required to guarantee the management of a minor's property?

To guarantee the management of a minor's property, a Guardian's Bond is the appropriate type of bond. This bond is designed to protect the interests of the minor by ensuring that the appointed guardian will manage the minor's property in a responsible and lawful manner. The Guardian's Bond acts as a financial guarantee, providing a safety net in case the guardian fails to fulfill their duties or mismanages the assets.

In this context, the bond essentially holds the guardian accountable for their actions, thereby ensuring that the minor's inheritance or property is preserved and properly managed until the minor reaches adulthood. The requirement of such a bond also serves to protect the minor’s interests, providing reassurance to families and the courts that the individual managing the property will do so with the requisite diligence and care.