VIC Is There an Indemnity Form Template for Beneficiary?

[Joolz]

Hello everyone,

I am the executor of will for my late mother's deceased estate. Is there a standard template form that is available for use as an indemnity for a beneficiary to sign to agree with final expenses and final payment of the deceased estate?

I recently had to complete an indemnity form as a beneficiary to my late father's deceased estate.

Would a Vic statutory declaration suffice?

 

[Rod]

Interesting. I'd not heard of beneficiaries having to sign an indemnity form. Are looking to release assets after a death certificate has been obtained and before probate is granted?

Once probate has been obtained I would have thought an indemnity form is not appropriate because the executor should be responsible for their actions in controlling other people's property and money.

 

[Joolz]

Hi Rod,

Yes, I am looking to release assets in the form of cash post-probate granted to me as executor. State Trustees had me sign an indemnity form prior to me receiving my funds from my late father's estate just a few months ago. They were the executor for his estate as he did not leave a will.

Cheers