Last updated: 5/6/2020
Refunding Bond And Release Form
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Description
REFUNDING BOND AND RELEASE FORM. This is a legal document that releases an Obligee, typically an estate or executor, from any claims related to the estate of a deceased person. The Obligor, who signs the form, acknowledges receiving benefits from the estate and agrees to return part of those benefits if needed to cover estate debts or obligations. If the Obligor is a legatee, they must refund part of their legacy if it is required to pay debts. If the Obligor is a distributee, they will return their share if debts arise without sufficient assets. The form requires notarization to confirm the Obligor's identity and signature validity. www.FormsWorkflow.com
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