Receipt

 Receipt and Release Personal Representative of Estate Regarding Legacy of a Will
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State:
Multi-State
Control #:
US-0631BG
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Description receipt and release by distributee

A receipt and a release by a distributee or legatee are prudent devices for a personal representative to protect himself or herself from subsequent claims. However, a distributee's rights may not be cut off by his or her execution of a receipt where the personal representative fails to disclose information relative to the management and disposal of the estate assets or where the personal representative fails to make payment as indicated on the receipt.

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