Receipts, Releases & Indemnifications
February 5, 2009
In the administration of every estate and trust, there comes a time when the administrator or trustee will be called upon to make a distribution to a beneficiary or legatee. Receipts, releases and indemnifications are typically requested by fiduciaries at the time of distribution. This article will review the different types of receipts, releases and indemnifications available to the fiduciary and will provide sample forms for the practicing attorney.
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