This is an official form from the New York State Unified Court, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by New York statutes and law.
The New York Surrogate Court Receipt and Release Form is an essential legal document that serves as proof of receipt of inheritance by a beneficiary from an estate being settled in the Surrogate Court. It is required to be signed by the beneficiary in order to acknowledge the receipt of their share of the estate's assets or funds. This form contains crucial information about the estate, the beneficiary, and the received assets or funds. Example: NY SURROGATE COURT RECEIPT AND RELEASE FORM Estate Information: — Estate Name: John SmitEstateat— - Surrogate Court: New York County Surrogate Court — Docket Number: 2021-SC-001 Beneficiary Information: — Beneficiary Name: MarJohnsonso— - Relationship to Decedent: Niece — Address: 123 Main Street, New York, NY Received Assets: — Description: Casinheritancenc— - Amount: $50,000 — Received via: Wire transfer to beneficiary's bank account — Date of receipt: August 102021,21 Acknowledgement and Release: I, Mary Johnson, hereby acknowledge that I have received the above-described assets from the John Smith Estate as mentioned. I fully understand that by signing this document, I release the estate and its administrators from any further claims or liabilities related to the distribution of assets. Signature: _________________________ Date: _____________________________ Types of NY Surrogate Court Receipt and Release Forms: 1. Cash Inheritance Receipt and Release Form: This form is used when the beneficiary receives a cash inheritance from the estate. 2. Property Inheritance Receipt and Release Form: This form is used when the beneficiary receives properties, such as real estate, vehicles, or valuable assets from the estate. 3. Stock or Investment Inheritance Receipt and Release Form: This form is used when the beneficiary receives stocks, bonds, or other investment-related assets from the estate. 4. Combination Inheritance Receipt and Release Form: In cases where the beneficiary receives a combination of cash, property, and other assets, a combination form can be used to acknowledge the receipt of all such assets. It is important to note that these examples are for illustrative purposes only, and actual Surrogate Court Receipt and Release Forms may vary depending on the specific circumstances of the estate and beneficiary. It is recommended to consult with a legal professional for accurate and personalized documentation.