DIY Legal Forms

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Assignment Of Expectancy In Estate

(Under this Assignment, a person's right to inherit from an estate is transferred to another party.)

Assignment is as follows:

I, [Name] of [address] hereinafter referred to as Heir, herewith unconditionally assigns all of my right, title and interest in an expectancy of to the estate of [enumerate] to [Name] of [address], hereinafter referred referred to as Assignee, under the terms and conditions stated herein for and in consideration of the love and affection I have for Assignee.

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.

Dated:

________________________

Heir

________________________

Assignee

This Section for Notary:

Acknowledgment

STATE OF -------)

) ss: [date]

COUNTY OF ------)

On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

[signature]

[Name of Notary Public]

My commission expires: [date]

(Seal)