Legal Question in Wills and Trusts in New York
I got a letter asking me to sign and have notarized a “Receipt, Release and Waiver” saying I received distribution from my mom’s estate. If I’m reading the legalese correctly, it also releases the executor from any liability. The letter instructs me to send this to the lawyer’s office to be held in escrow until the executor says he has made payments. I am uncomfortable signing something that says I received money I haven’t received yet. Also, I do not trust the executor. (Mom left her personal belongings to my brother, but the executor took some expensive items without asking.) Is this “Receipt, Release and Waiver” standard? Is it normal to sign one of these before actually receiving the money? (NY State)
1 Answer from Attorneys
No. If you do not trust him, why would you sign?
Related Questions & Answers
-
Do I need to hire a lawyer to write my Will? Asked 6/14/22, 6:01 am in United States New York Probate, Trusts, Wills & Estates
-
Do I need a lawyer to write my Will. Asked 6/11/22, 10:40 am in United States New York Probate, Trusts, Wills & Estates
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
