Release by a Legatee in favour of an Executor

Release by a Legatee in favour of an Executor

This deed of release is made this …………… day of ………… 1999 between AB son of ………… residing at …………… (hereinafter called the legatee) of the One Part and CD son of …………………… residing at …………… (hereinafter called the executor) of the Other Part.

Whereas XY died on the …… day of ……1999 leaving a will dated ……… whereby and whereunder he appointed the said CD as the executor of his estate and left and bequeathed all his estate unto and in favour of the said AB absolutely and for ever and whereas the said will was duly proved in the court of the …………… judge at ………… and probate thereof was granted unto and in favour of the said CD on the ………… day of ……… and whereas  the said CD has duly and faithfully administered the estate and filed the inventory and account and/or otherwise completed the administration thereof  and whereas the said CD has duly assented to the legacy provided for in the said will unto and in favour of the said AB and has made over all properties fully mentioned and described in the schedule below so long held by him as executor who has taken charge and possession thereof and thus relieved the said CD and whereas the said AB after having gone through the accounts and taking charge of the properties is fully satisfied that the said CD has not committed nor suffered any act of mismanagement, waste, misfeasance or malfeasance in course of administration thereof. Now this indenture witnesseth that in the circumstances aforesaid the said AB does hereby release the said CD from all claims as to management or administration of the estate and affairs ancillary or incidental thereto as well as from all liabilities as to account and dealings with the properties.

The Schedule above referred to

In witness whereof the parties hereto have executed these presents on the day, month and year first above-written.

Signed, sealed and delivered by AB the legatee in the presence of:

Signed, sealed and delivered by CD the executor in token of acceptance of the Release in the presence of:

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