Do I have to sign a trustee release form to receive my inheritance? 4 Answers as of December 21, 2015

If I sign and discover fraud later, do I have rights?

Ask a Local Attorney. 100% Anonymous. Free Answers.

Free Case Evaluation by a Local Lawyer: Click here
Law Offices of George H. Shers | George H. Shers
A trustee release is for a trust, not for an inheritance. In a Release, you only release what you know or should know of, not any fraud unless you already know of it.
Answer Applies to: California
Replied: 12/21/2015
Law Ofices of Edwin K. Niles | Edwin K. Niles
Yes and yes.
Answer Applies to: California
Replied: 12/21/2015
Law Office Of Victor Waid
Law Office Of Victor Waid | Victor Waid
Do yourself a favor and have a probate trust lawyer experienced in litigation to review the document to advise you of consequences of signing the release; I suspect the release of liability cuts off your right of a future suit against trustee for any fraud of other devaluation if you sign.
Answer Applies to: California
Replied: 12/21/2015
WFB Legal Consulting, Inc.
WFB Legal Consulting, Inc. | William F. Bernard
If I understand what you are referencing, an indemnification release is a very common practice. It is designed to address the fact that the trustee is entitled to use trust funds to defend himself/herself if there are any disputes or objections by any beneficiaries. However, once the money is distributed, there is no defense fund left. Therefore, releases are sent out to "reassure" the Trustee that it is safe to distribute the funds, and that there are no complaints or objections that will be filed.
Answer Applies to: California
Replied: 12/21/2015
Click to View More Answers: