The court is responsible for making sure that the money is secure. You may be asked to be a guardian, executor or personal representative for someone that you know. It could be a relative that is not able to handle their own finances or an estate of a relative. Most people don't understand why they would need to be bonded if you're a close family member. The rub is that you may be a close family member but unfortunately even family members have been known to misappropriate the money that they're asked to manage. By being bonded, the money is protected.