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Iowa Executor Bond Requirement

Updated September 7, 2026. Quick answer: In Iowa, iowa requires ‘every fiduciary’ (executor or administrator alike) to execute and file a bond with the clerk by default (Iowa Code §633.169); Iowa’s probate code has no UPC-style informal/supervised distinction.

Does Iowa require an executor to post a bond?

Iowa requires ‘every fiduciary’ (executor or administrator alike) to execute and file a bond with the clerk by default (Iowa Code §633.169); Iowa’s probate code has no UPC-style informal/supervised distinction.

“When, by the terms of the will, the testator has directed or expressed the desire that no bond shall be required, such direction or expression shall be construed to be a waiver of the posting of a bond by the fiduciary for all purposes”

Source: Iowa Code §§ 633.169, 633.172, 633.173

Can the will waive it in Iowa?

Yes. Under §633.172(1), a testator’s direction or expressed desire in the will that no bond be required is ‘construed to be a waiver of the posting of a bond by the fiduciary for all purposes,’ unless the court for good cause finds it proper to require one anyway (and the court can revisit that later for good cause).

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Can the heirs or beneficiaries waive it in Iowa?

Yes. Under §633.173, if the distributees waive the bond requirement in writing and the court finds creditors’ interests will not be prejudiced, no bond is required.

If a bond is required, how much?

When a bond is required, Iowa sizes it at 100% of the estimated value of the personal estate plus expected annual income, per its own bond-amount statute.

“the penalty of the bond must be in an amount equal to the value of the personal property of the estate, plus the estimated gross annual income of the estate during the period of administration”

Source: Iowa Code § 633.170

What makes Iowa different

Iowa offers two independent, textually explicit waiver paths at the section level; a testator’s expressed desire in the will (§633.172) and a written waiver by all distributees conditioned on no prejudice to creditors (§633.173); both fetched directly from Iowa’s official code site as separate, clearly worded sections rather than being bundled into one general provision.

Sources read this session
Bond-requirement sourceIowa Code §§ 633.169, 633.172, 633.173
Iowa courts (general reference)Iowa judicial branch
ConfidenceHigh

Every statute quoted on this page was read directly from the state’s own legislature/code site this session, or, where that site blocked automated access, from a reputable legal-citation mirror quoting the same official text with its official citation (disclosed below). General information, not legal advice; a probate court has final discretion over bond in every state; confirm your own case with the court or a local attorney before relying on the default described here.

Related: how long creditors have to file a claim against an estate in Iowa.

Related: how long you have to contest a will in Iowa.

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