Assignment of Interest in Estate | Canada

The assignment is made by a beneficiary who is receiving, or expecting to receive in future, a gift of property from the estate of a family member.
The beneficiary assigns to a third party all or part of the bequest left to him/her in the deceased's Will.
This form contains language for both living and deceased testators, so it can be used to assign actual or anticipated future bequests.
As an executor, you may find yourself asked to pay out a bequest to a bank or creditor. When that happens, you can use this form.
Intended for use only in Canada.

Document Type:

Microsoft Word

Last Updated: 10-June-2023

SKU: 376

Executors

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Receipt and Release by Beneficiary of Estate

The beneficiary acknowledges receipt of the estate property.
The beneficiary releases the executor from any liability in connection with the beneficiary's interest in the estate.
The beneficiary indemnifies the executor against any claims with respect to the distribution.
This is a reusable form which you can use each time you make a distribution of estate assets to a beneficiary.
The form can be used in any jurisdiction which does not have a statutory form.

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A Codicil is a legal document that allows you to make additions or changes to your will without the necessity of making a whole new will. Once it is completed, it will become part of your original Will.
The Codicil must be executed and witnessed in the same manner as the original Will, in accordance with Alberta Surrogate Court Rules.
The template includes the required Form NC 8 - Affidavit of Witness.
This legal form is only for use in the Province of Alberta, Canada.

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The releasing party waives and releases any claims against you for loss, damage or otherwise that he/she may have, whether now or in future.
In return for giving the Release, the releasing party will be paid in cash and/or some other type of consideration.
You can use this form in any Canadian province or territory. A French language version may be required in Quebec.
To download the General Release form just add it to your shopping cart, check out and pay, then download. The document is available in MS Word format.

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If you own real estate or other assets, whether in Canada or outside of the country, you need to have a Will to make sure your property is distributed in accordance with your wishes.
This complete Legal Will Kit and Estate Plan for Canadian residents includes everything you need to make your will:
- Last Will and Testament form, with instructions to help you complete the document. Special instructions for Quebec.
- Guide to Making a Will in Canada, which contains information and things you need to know to help you through the process of preparing your Will.
- Legal Requirements for each province and territory.
- Will Information Sheet which is a checklist of information you will need to compile in order to complete your Will.
- Organ Donor Information.
- Estate Plan and Questionnaire developed by a financial planner, to help you decide how you want all your property, investments, stocks and other assets to be preserved during your lifetime and distributed after your death.
- How to Choose an Executor and a Guardian for Minor Children.
- Affidavit of Execution of Will forms for Alberta, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Ontario, Saskatchewan and Yukon.
Download your complete Canada Legal Will Kit and Estate Plan immediately after purchase.

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The executor (sometimes called a personal representative) is responsible for such things as:

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