Receipt and Release by Distributee


Estate executors, when you distribute property to the beneficiaries as set out in the Will of the deceased, have each of them sign this Receipt and Release form.

In signing the Receipt and Release form, the beneficiary:

  • acknowledges receipt of the property,
  • releases the executor from any liability in connection with the beneficiary's interest in the estate, and
  • indemnifies the executor against any claims with respect to the distribution.

Make sure the estate paperwork is complete. Download the Receipt and Release by Distributee template and complete it each time you make a distribution of estate assets to a beneficiary.

Download Type: Microsoft Word
SKU: 5342
Last Updated: 25-May-2017
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Before you pay out a settlement amount to another person to settle a legal claim, make sure they sign this General Release form.

  • The releasing party waives and releases any claims against you for loss, damage or otherwise that he/she may have, whether now or in future.
  • In return for giving the Release, the releasing party will be paid in cash and/or some other type of consideration.
  • You can use this form in any Canadian province or territory. A French lang.....