Refunding Bond And Release Executor Administrator {ESS-RBREA}

REFUNDING BOND AND RELEASE INSTRUCTIONS TO EXECUTOR/ADMINISTRATOR. This is a required probate form in the Essex County Surrogate’s Court, New Jersey, used by beneficiaries or heirs (Obligors) to acknowledge receipt of their inheritance and release the Executor or Administrator (Obligee) from further liability regarding estate distribution. In accordance with New Jersey probate law, the document ensures that beneficiaries agree to refund a proportional share of their inheritance if additional debts, taxes, or obligations of the estate later arise. The form must be signed, witnessed, and notarized before filing with the Surrogate’s Court, accompanied by a $10 filing fee per release. It applies to both testate and intestate estates and references N.J. statutes governing executor and administrator fiduciary duties. www.FormsWorkflow.com