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Thursday, 08 April 2010 07:45

Assignment of Expectancy In Estate

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

ASSIGNMENT

I, [NAME] HEIR, referred to as HEIR, herewith unconditionally assigns all of my right, title and interest in an expectancy of to the estate of ________________ to [NAME] ASSIGNEE, 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

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