Further, a refunding and release form must be completed for each beneficiary, and then subsequently signed by each respective beneficiary as well. This form can be found on your local Surrogate ...

The statute allows a trustee to seek a voluntary release or discharge from the beneficiary. The trustee may maintain a reserve fund for reasonably anticipated expenses, including accounting and ...

given the time and expense incurred through this course many fiduciaries opt for an informal discharge by means of a receipt and release. Nevertheless, the fiduciary who thinks a receipt and ...