Do i need to return my payout as a beneficiary on a sign and release?

Anonymous Apr 13, 2015 Bankruptcy and Debt 2 views 1 answers

I signed a receipt and release form,without much knowledge about what it means. Was told i would recieve a check but would have to sign back to my mom(the administrator) now this is from my understanding the 5% max that im entitled to by the state of n.y.PLEASE HELP!

Attorney Answer

1

Peter John Fiorella IIIProbate AttorneyBuffalo, NY

Peter John Fiorella IIIProbate AttorneyBuffalo, NY · Jun 15, 2026

Generally, if you signed the Receipt and Release, it will have the amount you are to be paid from the estate. You should have been given an accounting of the estate assets with your distribution included. I believe I also answered this question in more detail earlier so look to that for additional information. You should contact a lawyer in your area to review your rights in detail if you believe that you are not being treated fairly in the proceeding.

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