Receipt for distributive share and request for consent settlement in Alabama. Final Disbursement of Estate.

Asked over 1 year ago - Sanford, NC

My father passed away about a year and two months ago and I have just received a letter to be signed by me that say is is the Acceptance of Service, Receipt for Distributive Share and request for Consent Settlement. In this letter from what I can understand it says that I am agreeing that I have received my share but I haven't. I asked the executor about it and I get no understandable answer. I want to make sure that I am not signing my rights to my part of the estate away by releasing the executor too soon. Please advise me as soon as possible as I am to sent this form back post haste. I don't want to hold up the process for my brothers and sister but I want to be sure what I am doing is correct.

Attorney answers (3)

  1. Stephen Scott Pearcy

    Contributor Level 12

    3

    Lawyers agree

    Answered . The best thing you can do is contact a local probate lawyer and bring that letter. Have that lawyer contact the lawyer who sent you the letter. Then your lawyer can explain to you exactly what's going on and whether you should sign it.

    If this information has been helpful, please indicate below. Stephen Pearcy is licensed to practice law in... more
  2. James P. Frederick

    Contributor Level 20

    2

    Lawyers agree

    1

    Answered . This is a fairly common practice. The executor is entitled to money from the estate to defend any claims made against him/her. If all the money is distributed to the beneficiaries, there is nothing left to be used for that defense. So it is common to send out receipt (and often release forms, as well), which indicate that there are no issues. The money is then distributed. There are ways to protect yourself in this situation. If the executor cannot prove that the funds were distributed, the use of this procedure is not likely to cost you your inheritance. Having said that, it pays to be cautious. You might contact an attorney in Alabama for a consultation on how best to proceed. If the executor is represented by an attorney, you have some additional protection, because an attorney is not going to risk his/her license by participating in anything underhanded.

    James Frederick

    ***Please be sure to mark if you find the answer "helpful" or a "best" answer. Thank you! I hope this helps. ******... more
  3. Rani Kay Sampson

    Contributor Level 10

    2

    Lawyers agree

    Answered . Your instincts are good. If you sign the form, it sounds as though you will forever lose any right to claim a portion of your dad's estate. If your dad had more debts than assets, there might not be anything for you to claim. Consult with a local lawyer to get specific advice on your situation. Best wishes.

    Rani K. Sampson (509) 663-5588 is a Washington attorney whose clients ask her to solve problems and negotiate... more

Can't find what you're looking for? Ask a Lawyer

Get free answers from experienced attorneys.

 

Ask now

28,353 answers this week

3,081 attorneys answering

Ask a Lawyer

Get answers from top-rated lawyers.

  • It's FREE
  • It's easy
  • It's anonymous

28,353 answers this week

3,081 attorneys answering