Assignment of Estate by Heir
How To Use
This review list is provided to inform you about this document in question and assist you in its preparation. This form is typically used to acquire a loan or payment from another party.
Make multiple copies. Keep one with the transaction file. Give one to each signatory.
If this is for securing a loan, be sure to provide appropriate language that all overages (above what is owed) are returned to the Heir.
Assignment of Estate
I, _____________________________, referred to as HEIR, herewith unconditionally assigns all of my right, title and interest in an expectancy of to the estate of _________________________ to _____________________________, referred to as ASSIGNEE, under the terms and conditions stated herein.
Said assignment is made without guarantee of the specific amount, if any, to be received from the estate.
The ASSIGNEE shall withhold and pay, and fully indemnify the HEIR from all federal, state or other applicable government taxes on the legacy owed by HEIR, including gift tax. Upon request ASSIGNEE shall provide HEIR with an opinion of counsel acceptable to HEIR that such liabilities have been satisfied.