RSS

Assignment of Estate

Assignment of Estate



Assignment of Estate

I, _________________________, referred to as HEIR, herewith unconditionally assigns all of my right, title and interest in an expectancy of to the estate of _________________________ to _________________________, referred to as ASSIGNEE, under the terms and conditions stated herein.

Said assignment is made without guarantee of the specific amount, if any, to be received from the estate.

The ASSIGNEE shall withhold and pay, and fully indemnify   the HEIR from all federal, state or other applicable government taxes on the legacy owed by HEIR, including gift tax. Upon request ASSIGNEE shall provide HEIR with an opinion of counsel acceptable to HEIR that such liabilities have been satisfied.

Dated: ____________________

________________________________________
Heir

________________________________________
Assignee

Assignment of Estate
Review List

This review list is provided to inform you about this document in question and assist you in its preparation.  This form is typically used to acquire a loan or payment from another party.

1. Make multiple copies.  Keep one with the transaction file.  Give one to each signatory.
2. If this is for securing a loan, be sure to provide appropriate language that all overages (above what is owed) are returned to the Heir.





,

NOTICE

The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. It is provided as is, and isn’t necessarily endorsed or approved by getfreelegalforms.com. Due to the variances of many local, city, county and state laws, we recommend that you seek professional legal counsel before entering into any contract or agreement.

1 Comments For This Post

  1. oklucas Says:

    i’m looking for forms to set up a real estate trust i heard about at a seminar to assume real estate loans provided in the congress garn law

Leave a Reply