Receipt for Trust Assets and Discharge of Trustee | USA

Terminate a trust and discharge the trustee with this Receipt for Trust Assets and Discharge of Trustee form for the USA.

  • The beneficiaries of the trust must sign the form.
  • The receipt portion of the form states that all of the trust property has been distributed to the beneficiaries.
  • The trustee is discharged from his/her duties as trustee following the distribution.
  • The form is available in MS Word format.
  • Intended to be used only for trusts established in the United States.
Document Type: Microsoft Word
Last Updated: 11-February-2025
SKU: 4933
$2.49
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Receipt and Release by Beneficiary of Estate

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.

  • The beneficiary acknowledges receipt of the estate property.
  • The beneficiary releases the executor from any liability in connection with the beneficiary's interest in the estate.
  • The beneficiary indemnifies the executor against any claims with respect to the distribution.
  • This is a reusable form which you can use each time you make a distribution of estate assets to a beneficiary.
  • The form can be used in any jurisdiction which does not have a statutory form.
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Will Clause Providing Compensation to Executor

This free optional Will Clause directs that compensation be paid to the executor under a compensation agreement signed during the testator's lifetime.

Download the digital file or just copy and paste the following text.


I DECLARE AND DIRECT that my Executor _______________________ shall be entitled to receive and shall be paid out of my estate as compensation for acting as Executor and Trustee of and under this my Will the fees, reimbursements and other compensation provided for in the Compensation Agreement between _______________________ and me signed on the ____ day of ________, ________ and prior to the execution of this my Will.

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Executor Fee Agreement

Arrange for the executor of your estate to be paid for their services with this Executor Fee Agreement.

  • The purpose of the Agreement is to ensure that the person you name in your Will to act as executor of your estate is fairly compensated by setting out the amount of the fee and how it will be paid.
  • This is a generic legal document which is not specific to any country or region.
  • The template is fully editable to fit your circumstances.
  • This Executor Fee Agreement template is available in MS Word format.
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