In the context of a probate, a Receipt & Release Agreement is a legal document used by a charitable corporation to confirm that they have received a donation from a donor who has passed away. This document serves as proof of the donation and releases the executor of the estate from any further obligations or claims related to the donation. The agreement typically includes details such as the name of the deceased donor, the amount or nature of the donation, and any conditions or restrictions that apply to the donation. It is important for both the charitable corporation and the executor of the estate to keep a copy of the Receipt & Release Agreement for their records.
Here is a sample for a Receipt and Release Agreement for a charitable corporation that has been used in a probate in New York:
🔑 This post is for paying subscribers only
Sign up now and upgrade your account to read the post and get access to all premium content that is only for paying subscribers.
🔑 This post is for subscribers only
Sign up now to read the post. To get access to the full library of premium content, you must be a paying subscriber.